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The Bitcoin blockchain will be integrated with Pix in Brazil through a partnership between Samson Mow's Jan3 and Rocelo Lopes' Truther.
The goal is to allow Brazilians to carry out transactions using Bitcoin and USDT with layers 2 of the cryptocurrency, enabling on-chain cash in and cash out with reais.
During the Plan B Conference in El Salvador, Mow highlighted that this integration will work through Swapix, allowing payments in reais using the Bitcoin blockchain. With this solution, fees will be extremely low, reaching just US$0.03 per transaction.
Mow also stated that central banks are approaching the crypto market to understand how to integrate their economies with Bitcoin. According to him, the Central Bank of Singapore has already started talks about a possible adoption of the cryptocurrency.
