Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil
- On May 20, 2025, Binance integrated its payment system Binance Pay with Brazil's Pix network, enabling instant crypto payments nationwide.
- This integration followed Pix's 2020 launch by Brazil's Central Bank, which rapidly gained over 174 million users familiar with instant payments.
- The combined system allows Binance users to transfer cryptocurrencies converted instantly to Brazilian reais for payments to any Pix-enabled account or merchant.
- Binance CEO Richard Teng called it a "revolutionary step forward," blending Pix’s speed with Binance’s global innovation to boost crypto accessibility.
- This milestone, the first global integration of Binance Pay with a national payment system, aims to increase cryptocurrency adoption and financial inclusion in Brazil.
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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
Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil - CryptoCurrencyNews
Functionality already familiar to 174 million Brazilians increases usability and can boost the adoption of cryptocurrencies in the country, says Regional VP Guilherme Nazar SÃO PAULO, May 21, 2025 /PRNewswire/ — 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 cryptocurrencie…
Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil - PressReach
Functionality already familiar to 174 million Brazilians increases usability and can boost the adoption of cryptocurrencies in the country, says Regional VP Guilherme Nazar SÃO PAULO, May 21, 2025 /PRNewswire/ — 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 cryptocurrencie…
Binance Pay Integrates With Brazil’s Pix System - FinanceFeeds
Binance has announced the integration of its crypto payment platform, Binance Pay, with Brazil’s widely used Pix instant payment system, allowing users to make real-time payments in Brazilian reais using cryptocurrencies. The move positions Binance as the first global exchange to directly connect its payments infrastructure to a national payment system, marking a major milestone in the mainstream use of digital assets in Latin America. With this…
Binance’s Payment Solution Integrates with Pix
The move is said to allow Binance users in Brazil to instantly convert over 100 cryptocurrencies into reais to pay merchants or transfer funds to any Pix-compatible account. Transactions are completed within seconds, which Binance says helps to bring “crypto into everyday life and make it easier for users to spend digital assets in real-world transactions.” “This is a significant milestone because it is the first time Binance Pay is integrated …
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