NEW: 🇧🇷 Brazil's instant money transfer service Pix is now the most popular payment method by transaction volume, adopted by 66% of Brazilians, equivalent to 🇷🇺 Russia's population (~140M ).
https://m.primal.net/HLZy.webp
Interesting - who owns Pix?
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Central Bank, pix is a pilot project of the Brazilian CBDC.
#brazil is the #latam country closest to get a #CBDC and #PIX might be it's pilot program for all we know. Look forward to some brazilian banks phasing out #cash like they're already doing in #australia
