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The ECB Is Studying a Direct Link Between Its Instant Payment Rail and Brazil's Pix
Finextra reported that the European Central Bank is exploring interlinking the Eurosystem's Target Instant Payment Settlement system with Brazil's Pix. Pix is the largest instant payment scheme by volume outside Asia, and a Tips-Pix link would be one of the first live cross-continental instant settlement corridors between two central-bank-operated rails. For anyone building agentic payment flows, the settlement layer becoming instant and cross-border changes what an agent can complete without a card network in the middle.
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