Share this article
Crypto Startup Ramp Adds Brazilian Central Bank's Pix as Payment Method
Adding Pix builds on Ramp's expansion to the South American country, where it opened a local entity in July in a bid for broader expansion throughout Latin America
Updated Sep 14, 2023, 12:00 p.m. Published Sep 14, 2023, 12:00 p.m.
Ramp Network, a startup offering payment infrastructure to connect crypto and traditional finance, has added the Brazilian Central Bank's Pix system as a payment method.
Adding Pix builds on Ramp's expansion to the South American country, where it opened a local entity in July in a bid for broader expansion throughout Latin America.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The Central Bank of Brazil (BCB) introduced by Pix in 2021 as a means for individuals, businesses and government entities to send payments in a matter of seconds. The system is used by over 70% of Brazilians, Ramp said in an emailed announcement on Thursday.
The integration therefore will allow Ramp to offer Brazilian users a fast and convenient way of purchasing crypto.
Brazil has become a regional crypto hub, with major companies such as Coinbase and Bitget opening operations there in the last year, both of which have also integrated with Pix.
Read More: Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Marshall Islands launches world’s first blockchain-based UBI on Stellar blockchain
Backed by U.S. Treasuries, USDM1 marks a new model for digital public finance and universal basic income in underserved regions.
What to know:
- The Marshall Islands has launched the first on-chain universal basic income disbursement using a digitally native bond on the Stellar blockchain.
- The initiative, part of the ENRA program, replaces physical cash deliveries with digital transfers to citizens across dispersed islands.
- USDM1, a U.S. dollar-denominated bond, is fully backed by U.S. Treasury bills and distributed via a custom digital wallet app.
Top Stories
