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In the world · Finance · 24 September 2026

International Pix: BCB and ECB study linking Pix to TIPS

On 09/24/2026, Brazil's Central Bank and the ECB began studying a Pix–TIPS link. Nexus and the cost of remittances show why it matters.

bairogonzalez.com team, drawing on Bairo's story · Published

The Central Bank of Brazil and the European Central Bank began, on September 24, 2026, a feasibility study on linking Pix to TIPS, the European instant payment system that operates in euros, Swedish kronor and Danish kroner. If the link gets off the ground, a person in Brazil could one day send money to Europe with the same logic as a Pix, and vice versa.

What happened

The announcement was made by the Central Bank of Brazil. The official statement refers to a study, not a decision: the two institutions will assess whether the interconnection is possible and how it would work. The Central Bank recalled the scale on the Brazilian side, with about 250 million Pix transactions a day.

According to Poder360, the preliminary timeline calls for an exploration phase through March 2027 and a possible implementation between April 2027 and June 2028. This calendar appears only in the news report and still depends on the outcome of the study.

The initiative is not isolated. The Bank for International Settlements, BIS, developed Project Nexus, which proposes linking national instant payment systems in a common network, instead of each country negotiating connections one by one. The BIS handed the project over to Nexus Global Payments, an organization created in 2025 by the central banks of India, Indonesia, Malaysia, the Philippines, Singapore and Thailand. In practice, the instant systems each country built for domestic use are starting to look for routes abroad.

Why it matters

Sending money from one country to another is still expensive. According to the United Nations report on the Sustainable Development Goals, the global average cost of sending US$ 200 was 6.7% in the second quarter of 2024. The SDG target is 3%. In other words, those who send small amounts pay, proportionally, more than twice what the world considers acceptable.

This cost weighs on those least able to pay: the migrant who sends part of their wages to family, the small exporter paid for a shipment, the student paying a fee abroad. Every intermediary along the route takes its share and adds time.

Linking instant systems to one another is one way to cut this chain. If Pix and TIPS talk directly, money can cross the ocean with fewer steps, and currency conversion can become clearer for the payer. There are no figures yet on the final cost, because the study has just begun. But the direction is the same as Nexus's: narrowing the gap between paying at home and paying abroad.

For those who export food to Europe, a shorter rail between the two sides could simplify receiving payment for smaller sales, where the remittance fee weighs more relative to the value of the shipment.

In Bairo's view

Bairo Leandro Gonzalez Martinez was born in Colombia, lives in Brazil and works on business involving more than one country. In his reading, those who live between countries learn early that money leaving one side rarely arrives whole on the other, and the BCB–ECB study confirms that payment infrastructure is a bridge between people, not just between banks.

For Bairo, the right question is not whether money will cross faster, but who now fits into that crossing. A grower at a wholesale supply center who one day sells to a European buyer needs a path with the least possible friction, from order to delivery and from delivery to payment. In his view, every intermediary removed is a margin that returns to the producer.

He measures everything in lifetime. A remittance that takes days and loses almost 7% along the way costs money and costs someone hours of work. For Bairo, shortening that road is giving time back.

Where this meets the ecosystem

CEASA Bank, an agribusiness financial platform founded by Bairo that operates on the infrastructure of an authorized institution, was designed to link the quote, the invoice and the payment for a food shipment, including sales abroad. Payments and foreign exchange always go through authorized institutions in each country.

The BTZ Chain is the ecosystem's public record network, which anyone can check in the explorer, proposed to prove that a sale happened and that there is a real person behind each act. BICOIN, this network's governance coin, follows the yardstick "1 BTZ = 1 minute of human life", which measures purpose: it is not a price, not an offer and not an invitation to buy.

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