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Central Bank of Brazil
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- 1ECB weighs linking TIPS to Brazil's Pix payment system▼ECB assesses TIPS link with Brazil’s Pix payment system
The European Central Bank is assessing a possible link between its TIPS instant payment service and Brazil's Pix payment system. The move would allow instant cross-border payments between Europe and Brazil, and comes as central banks worldwide explore ways to connect fast payment infrastructures internationally to reduce cost and friction in cross-border transfers.