Brazil central bank introduced Pix a few years ago. It took over the country as the public basic infrastructure for money transfer. Totally free and instantaneous transactions between people and companies, available to all banks.
Then, just last week, the US presidency launched an investigation considering Pix an unfair trade practice against the US.
Actions like that may show the current direction of the US government is aligned on preserving status quo. But still, I wonder how impactful a public digital infrastructure for the dollar would be.
Then, just last week, the US presidency launched an investigation considering Pix an unfair trade practice against the US.
Actions like that may show the current direction of the US government is aligned on preserving status quo. But still, I wonder how impactful a public digital infrastructure for the dollar would be.