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Brazil’s Pix becomes a trade flashpoint with the US, and the world is watching — Blankdot

thenextweb.com2 weeks ago

Brazil’s Pix becomes a trade flashpoint with the US, and the world is watching

Brazil’s Pix becomes a trade flashpoint with the US, and the world is watching

Brazil’s instant-payment system Pix has moved from a domestic success story to the centre of a trade fight with the United States, and governments elsewhere are watching how it ends. The dispute hardened in June, when the Office of the US Trade Representative (USTR) determined that Brazil’s…

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