DePix: The Brazilian Stablecoin Using PIX for Privacy & P2P Freedom

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DePix is a stablecoin pegged to the Brazilian Real and powered by the Liquid Network, designed to bring privacy and financial sovereignty to Brazilians.  Instead of going through centralized exchanges with strict KYC/AML, users can send a simple PIX transfer and receive DePix 1:1 with BRL. From there, transactions are private thanks to Liquid’s confidential transactions—perfect for peer-to-peer trading and merchant payments.  In this video, we’ll explore:  How DePix works with PIX and the Liquid Network  Why Brazilians use it to escape KYC-heavy exchanges  The privacy advantages of confidential transactions  Real user feedback from the crypto community  The legal and regulatory considerations of DePix  How it’s changing the landscape of P2P trading in Brazil  DePix isn’t just a stablecoin—it’s a tool for financial freedom in a world of increasing surveillance.  #DePix #Brazil #Stablecoin #CryptoPrivacy #P2P  Welcome to BlockBit! Your go-to hub for cutting-edge crypto and tech content on Dailymotion! Dive into the latest on blockchain, cryptocurrencies, and tech innovations with our updates, insights, and tutorials. Join our community and stay ahead in the digital world. Follow us on social media:  📌 DailyMotion:  https://www.dailymotion.com/BlockBitBTC 📌 Youtube: https://www.youtube.com/@BlockBitBTC  HODL our mission! Send a crypto donation to fuel our content and get a shoutout in our next video: https://tourniquet.app/donate/BlockBit  Disclaimer: The content in this video is for informational and entertainment purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Cryptocurrency investments carry significant risks, including the potential loss of your entire investment. Blockbit is not responsible for any financial losses incurred.  Subscribe for the latest crypto and tech updates! #BlockBit #Crypto #Tech

Transcript

00:00In Brazil, DePix is emerging as a privacy-forward bridge between the traditional banking world

00:04and crypto, leveraging PIX and the Liquid network to empower financial autonomy.

00:08Here's how it works. You make a standard PIX transfer to a DePix provider, and in return,

00:12you receive DePix a stablecoin-picked one, one to the real issued on Liquid, a network focused

00:16on confidentiality. Because Liquid utilizes confidential transactions, there's no traceable

00:20information about who sent what or how much. This matters because when you buy crypto via PIX on a

00:25centralized exchange, every step is tracked and often reported to tax authorities. With DePix,

00:30only the initial PIX is visible. Everything after it happens privately, off the radar of traditional

00:35banking systems. These voices reflect how everyday users are leveraging DePix for privacy and to

00:40circumvent KYC-heavy exchanges via peer-to-peer trading. On the infrastructure side, tools like

00:45Sideswap and AbleDirect DePix to BTC liquid-based swapping seamlessly, making the process smooth and

00:50decentralized. Platforms like Pixco also illustrate the broader utility merchants receive to PIX via

00:55PIX without any KYC and control of their own wallets, maintaining privacy and sovereignty.

01:00While DePix being significant privacy benefits, regulatory considerations remain important.

01:05Reports emphasize that. DePix doesn't constitute foreign exchange, isn't subject to capital gains,

01:11and is legal but only when used responsibly. Platforms like Musa show users that DePix holders

01:16themselves are responsible for tax compliance, no punitive tracking is performed by the platform.

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