Blockchain payments network Ripple is collaborating with a major crypto exchange in Brazil to launch cross-border payments enabled by crypto. Ripple has partnered with the Brazilian Mercado Bitcoin exchange to enable local businesses to settle payments using Ripple’s “managed end-to-end payments solution,” the firm officially announced on Oct. 3.“ With the new payment tool, businesses in Brazil would be able to get “faster, cheaper, more efficient cross-border payments” across the globe 24/7 and settle payments in a matter of minutes, Ripple stated. The first operation to target institutional …