Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL
Name
Brazil approves first spot XRP ETF as local bank eyes stablecoin on XRPL
Description
Brazil’s securities regulator (CVM) has approved the country’s first spot XRP ETF, the Hashdex Nasdaq XRP Index Fund, on February 19, 2025. The article also covers Braza Group’s plans to launch a Brazilian real-pegged stablecoin on the XRP Ledger.
Publish date
12:00am, Thursday, February 20, 2025
Referenced by
Brazilian Securities Commission has approved Hashdex to launch XRP-based spot ETF
Crypto news
News story
Braza Group, a player in Brazil’s interbank market, is launching a new stablecoin pegged to the Brazilian real on Ripple’s blockchain, XRP Ledger
Crypto news
Quote
It will initially be available to institutional clients only before expanding to business-to-consumer customers
Crypto news
Quote