Binance integrates with Brazilian national payments system using Pix

Binance has introduced a new feature allowing crypto payments using the Pix payment system, enhancing usability for users across Brazil. With this integration, customers can directly pay with their cryptocurrency balances at millions of businesses.

Richard Teng, Binance’s CEO, highlighted the importance of this integration for Brazil’s crypto community, indicating a transformative step in payment accessibility. This partnership complements Binance’s broader expansion strategy, following its acquisition of Sim;paul Investimentos.

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