Brazil and ECB Explore Linking Pix and TIPS
Brazils central bank and the European Central Bank are exploring a potential link between their instant payment systems. Officials suggest a pilot project could launch by 2028 if technical evaluations prove successful.
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Brazil's central bank and the European Central Bank are studying a potential link between their instant payment systems, two people familiar with the matter said on Wednesday. The technical discussions mark the first cross-border expansion exploration for the fast-growing Pix platform. The initiative could lead to a pilot project launching in 2028, according to technical teams.
