#ustargetsbrazilpaymentsystemviasection301 🇺🇸🇧🇷 US and Brazil: "If you don't let me eat, I'll tax you."
Brazil has a Pix payment system: near-instant transfers, very low fees, and so widespread that many users even swipe Pix more than cards.
That also means every transaction that goes through Pix instead of Visa or Mastercard costs these two giants an extra slice of revenue.
The USTR opened an investigation under Section 301, to examine whether policies surrounding Pix create a disadvantage for foreign payment businesses. Then, the US announced a 25% tariff on some Brazilian goods.
Sometimes international economics is quite funny: a payment app grows strong, and in the end, it's agricultural products and exports that end up bearing the brunt.
😂 But the new twist is the notable one...
While the US is busy defending Visa and Mastercard, $USDT quietly benefits.
Stablecoins are being used more and more in Brazil for cross-border payments and to hedge against local currency volatility. The influence of the US dollar is still expanding—it’s just traveling via blockchain this time instead of a credit card.
Crypto is truly the “third beneficiary”: no arguing, no lobbying, just quietly pulling in more volume. 😎
📌 For traders, this isn’t just a US vs Brazil story. When trade, payments, and stablecoins intersect, capital flows can also shift. Not a market-reversal signal yet, but definitely worth watching.
🤔 Who do you think is the ultimate winner in this game?
#Brazil #Pix #Crypto