Trump targets Brazil’s Pix as dollar stablecoins gain ground
The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it considers unfair. Summary Trump’s new tariff action names Pix as dollar stablecoins dominate Brazil’s fast-growing digital asset market. Pix serves Brazil’s domestic payments while stablecoins increasingly carry dollar value across…
