Brazil opens Pix payments to Brazilians living in Argentina

Banco Central do Brasil expanded its Pix instant payments system to allow Brazilians living in Argentina to use the service to pay for goods and services and to send payments between the two countries. The Pix platform is accepted by major crypto platforms and service providers operating in Brazil for fiat onramping, including the Lemon crypto application, Binance Pay, Crypto.Com, the Mercado Bitcoin exchange and the Kraken crypto exchange.

Lemon’s State of the Crypto Industry in Latin America 2025 report places Argentina as the number one country for crypto adoption per capita in LATAM, while Brazil ranks first in total crypto value received. The report also notes Argentina has about four times the number of crypto users it had during the 2021 market cycle, and that Latin America’s adoption rate is roughly three times higher than the United States.

“Argentina recorded 5.4 million crypto app downloads in 2025, with more than 90% corresponding to wallets that implemented Pix payments in Brazil,” the report said.

Brazil, Argentina

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