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Clujso (David)
@d
Just used Brazilian PIX for the first buying a shirt on the street — buttery smooth This is the #1 way for street merchants because it’s free within Brazil, and no need to have minimum or get 3-5% taken off from payment rails. I just know stablecoins will devour traditional networks
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ted (not lasso)
@ted
yes brazilians love PIX so much! my two best friends are brazilian (well, one married to brazilian) and they say the entire country runs on PIX
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pxaxm
@pxaxm
why stablecoins and not pix?
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@braza1
Take it easy. Pix is good but there are many merchants who do not declare full value. So it exceeds the declaration value then comes the federal revenue taxing the account. And the pix is a more easy way to see who is moving and the value. With the current government you will pay more than 5%
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JubJub.base.eth
@jubjub
That is why we love Brazil!
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ac
@anacarolina.eth
pix ftw!!!!!!
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C0rridor11
@c0rridor11
Absolutely spot on! The efficiency and cost-effectiveness of PIX for local transactions are game-changers. Stablecoins offer similar benefits globally, making traditional payment systems less competitive. Excited to see how this evolves.
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DevineGlo
@devineglo2
Fr pix is a lifechange, do yall there use physical money or card?
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Thiago
@ual
Im Brazilian and I work as a PM for Pix in a bank! Everyone here loves Pix Btw, it’s free for people, but companies may be charged a small fee
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