Brazil's Pix instant payments system expands to Argentina

The Pix payment system is credited with driving crypto adoption in Argentina, according to a report from the Lemon crypto application.

Banco Central do Brasil said on Friday that it expanded its Pix digital payments system to allow Brazilians living in Argentina to access the service to pay for goods, services and send payments in both countries.

The central bank’s instant payments platform is accepted by major crypto platforms and service providers operating in Brazil for fiat onramping, including the Lemon crypto application, Binance Pay, Crypto.Com, the Mercado Bitcoin exchange and the Kraken crypto exchange.

Argentina ranks as the number one country for crypto adoption per capita in LATAM, while Brazil ranks as number one in terms of total crypto value received, according to Lemon’s State of the Crypto Industry in Latin America 2025 report.

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