Ripple could expand its international payment corridor to Brazil.

Ripple’s head of the Global Banking Marjan Delatinne, in an interview with Future of Finance, hinted that Ripple could be expanding its international payments corridor network to Brazil. Earlier it was reported that Ripple further establishing itself in Brazil could lead to its use in other Latin American nations. During a discussion on Ripple’s On-Demand Liquidity (ODL) services, Marjan said the firm was planning to extend its services to “exotic corridors”; Delatinne then named Philippines and Brazil specifically as markets “where you don’t necessarily want to keep liquidity, and you want to really move funds when you need it.

Three Brazilian firms are already using Ripple’s technology.

Ripple is already in active usage by three Brazilian firms, including Bradesco, Banco Redimento, and Santander, which use RippleNet to send and receive payments. RippleNet is Ripple’s blockchain-based financial services network. Ripple’s head of the Global Banking Marjan Delatinne believes that Ripple’s ODL could be utilized in tandem with the native XRP token as a “bridge” between fiat currencies in cross-border transactions. Earlier, Roberto Campos Neto–the president of Brazil’s central bank, had a video conference with Ripple CEO Brad Garlinghouse and three other representatives of the crypto firm.

Ripple continues to woo regulators around the world.

The Chief Executive Officer of Ripple Labs, Brad Garlinghouse, has previously explained that Ripple’s emphasis on compliance has been a key part of the blockchain payment giant’s success. Earlier in an interview with CNN, Garlinghouse said that “once regulators understand you’re not circumventing regulatory frameworks, they get very comfortable very quickly.

He revealed that he is meeting with regulators and very senior people at banks and explaining to them how crypto can be used–specifically XRP–can be used to solve a real problem, not to circumvent the regulation. Ripple has also been facing legal issues as XRP investors claimed that Ripple issued them unregistered security.