PRO articleMarkets

Brazil’s Central Bank Explores PIX Link with Europe’s TIPS for Instant Cross-Border Payments

Brazil's Central Bank and the European Central Bank are assessing a technical link between PIX and TIPS that could dramatically cut costs and delays for remittances and trade.

By Marcus Wright

Published
Brazil’s Central Bank Explores PIX Link with Europe’s TIPS for Instant Cross-Border Payments
Illustration — BRZ.news

Brazil's Central Bank and the European Central Bank are assessing a technical link between PIX and TIPS that could dramatically cut costs and delays for remittances and trade.

Loading subscriber access…