Over the last decade, Brazil has become a global laboratory for digital finance. With more than 200 million digitally-engaged citizens, the country has built an integrated suite of tools—the “Brazil stack.”
This includes instant payments through Pix, open banking via Open Finance, blockchain-based financial infrastructure, a unified digital ID system (Gov.br), widespread stablecoin usage and emerging AI-driven financial services.
These innovations have expanded financial inclusion while reshaping how Brazilians transact and access financial products. Pix alone processed around 63 billion transactions in 2024, and Open Finance now makes customer data available for more than 42 million individuals across 800 institutions, according to the Brazilian Central Bank.
Brazil can offer a live example of how coordinated, inclusive digital infrastructure can accelerate the overall progress of the financial industry. As the country experiments with tokenization and AI, its experience provides valuable insights for future innovation worldwide.