Published 4 days ago • loading... • Updated 17 hours ago

Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil

On May 20, 2025, Binance connected its Binance Pay service to Brazil’s Pix network, allowing users to instantly complete cryptocurrency payments and transfers across the country.
The integration follows Pix's launch by Brazil's Central Bank in 2020, a widely used instant payment service familiar to over 174 million Brazilians.
This integration enables Binance users to instantly convert more than 100 cryptocurrencies into Brazilian reais and send payments in real time to anyone or any business that accepts Pix.
Richard Teng, Binance CEO, called it a "revolutionary step forward" that combines Brazil's payment system speed with Binance's global innovation.
The integration aims to boost cryptocurrency adoption and financial inclusion in Brazil by making digital asset payments faster, safer, and more accessible.

Insights by Ground AI

Does this summary seem wrong?

70 Articles

All

Left

Center

Right

Bennington Banner

+52 Reposted by 52 other sources

Center

Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil

Functionality already familiar to 174 million Brazilians increases usability and can boost the adoption of cryptocurrencies in the country, says Regional VP Guilherme Nazar

3 days ago

Read Full Article

Bloomberg Linea

Financial Digitization in Brazil and Latam Boosts Citi, Says CEO for the Region

In his travels to different Latin American countries as part of his work as CEO of Citi (C) for the region, Julio Figueroa has closely observed what he describes as the accelerated advance of financial digitization. “Cash use is declining dramatically. Everyone has digital wallets – in Peru, Colombia, Brazil with Pix. Wherever you go, you pay a street vendor, for example, with a digital wallet,” said the Argentine executive.

17 hours ago

Read Full Article

cosmopolitantdaily.com

Brazil Continues to dominate the Regional FinTech Landscape

Brazil has seen significant advancements in digital banking, with companies like Nubank leading the charge by offering convenient and accessible financial services to millions. The country has also been at…

1 day ago

Read Full Article

latinfinance.com

Méliuz plans follow-on, OTC listing - LatinFinance

Brazilian fintech seeks cash from foreign investors to increase its exposure to Bitcoin, IRO tells LatinFinance The post Méliuz plans follow-on, OTC listing appeared first on LatinFinance.

2 days ago

Read Full Article

Financial IT

Binance Pay Integrates with Pix, Enabling Instant Crypto-powered Payments in Brazilian Reais Across Brazil

Binance, the world's largest cryptocurrency platform by trading volume and number of users, has integrated its payment solution, Binance Pay, with Brazil's Pix system to enable instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant across Latin America's largest country. With the integration, Binance users in Brazil can now

2 days ago

Read Full Article

Times Tabloid

Real Estate Investor Calls XRP the “Railbed” Under the Tokenized Train Cars. Here's why

A recent post by crypto commentator Mr Man (@MrManXRP) has drawn renewed attention to the deepening integration between Brazil’s financial innovations and the XRP Ledger (XRPL). Referencing the upcoming deployment of Pix Automático, a new feature of Brazil’s fast payment system, Mr Man emphasized the structural importance of XRP in facilitating transactions involving the new BBRL stablecoin. He noted that XRP is crucial to currency flows on the …

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year