✉news BusinessBanking first seen 10 h ago, last 8 h ago, peak #19
ECB weighs linking TIPS to Brazil's Pix payment system
Original: 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.
Why now: Central bank work on linking Europe's and Brazil's instant payment systems signals growing momentum in international payment infrastructure integration.
European Central BankTIPSPixBrazil
Evidence
- ECB assesses TIPS link with Brazil’s Pix payment system · The Paypers
API: https://socialmediatrends-api.osmike.com/v1/trends/220555