Ripple expanded its institutional digital-asset offering in Brazil on March 17, 2026, covering cross-border payments, digital-asset custody, stablecoins, prime brokerage and treasury management. The company also said it plans to apply for a Virtual Asset Service Provider (VASP) license with the Central Bank of Brazil (BCB), but that statement reflects intent rather than a confirmed filing or approval. Existing workflows include Banco Genial’s same-day U.S. dollar disbursements and planned RLUSD crypto flows, Nomad’s Brazil-U.S. treasury transfers and Frente Corretora’s fiat and stablecoin settlement using USDT. Ripple reported more than $100 billion in global Ripple Payments volume across 60+ markets, while CRX has settled nearly $100 million on-chain through the XRP Ledger and Ripple Custody. The announcement did not provide a rollout schedule, new-customer eligibility terms or clarify whether expanded services depend on VASP approval. As of September 12, 2026, XRP traded at $1.37, with a market capitalization near $85.9 billion, while the Fear & Greed Index stood at 63, or Greed. The next key developments are any BCB filing record or licensing decision.