A major breakthrough for cryptocurrency payments
"This marks a revolutionary advance," says Richard Teng, CEO of Binance. The integration of Pix with Binance Pay combines the speed and accessibility of Brazil's leading payment system with the global reach of Binance. More than just a technical update, this integration offers users a way to make cryptocurrency payments as natural and simple as the payment methods they already use, while also expanding access to financial tools throughout the country and promoting financial inclusion.
For Guilherme Nazar, regional vice president of Binance for Latin America, this moment is a milestone: "This is the first time Binance Pay integrates with a national payment system."