Digital Payments

The ‘Free Market’ Is a Joke: How the US Is Destroying Brazil’s Free Payment System

The US is leveraging its geopolitical influence to force Brazil to open its free, government-run digital payment system, Pix, to Apple’s fee-based model. This reveals how ‘free market’ rhetoric is weaponized to protect corporate monopoly rents, prioritizing American corporate revenue over a sovereign nation’s public infrastructure and financial inclusion.