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Book cover of Every American Should Have This, But They Don't by 12min Originals — critical summary review on 12min

Every American Should Have This, But They Don't

12min Originals

5.0 (3 ratings)
8 mins

The world's largest economy just opened a trade investigation against a Brazilian payment system that is free, processes over six billion transactions a month, and is used by over ninety percent of the country's adults. In this Radar twelve min, we break down how Pix became the center of a geopolitical dispute between Brazil and the United States, why Visa and Mastercard feel threatened, what Colombia has to do with it, and what it all means for the future of money.

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Who it is for

If you use digital payments, run a business, invest, or work in fintech, this Radar is for you. The dispute between Brazil's payment system and the U.S. government goes beyond diplomacy... it could affect the fees your business pays, the tariffs on products you buy, and the trajectory of companies in your portfolio. Understanding what is at stake is the best way to prepare for what comes next.

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