Binance Pay integrates with Brazil’s Pix for instant crypto payments

From Yahoo Finance: 2025-05-22 10:13:00

Binance integrates Binance Pay with Brazil’s Pix system for cryptocurrency transactions in Brazilian reais. Users can transfer funds directly to local bank accounts or merchants accepting Pix, supporting over 100 cryptocurrencies for instant conversions and transactions. Pix, Brazil’s instant payment solution, launched in 2020 by the Central Bank. Binance CEO and VP highlight the revolutionary step forward for seamless, real-time transactions. Binance Pay, available on the Binance app, supports over 300 cryptocurrencies for global payments among 40 million users and 32,000 merchants. Binance serves over 270 million people in 100+ countries, aiming to expand digital assets with a memorandum of understanding in Kyrgyz Republic.



Read more at Yahoo Finance: Binance Pay integrates with Brazil’s Pix for instant crypto payments