The Brazilian Football Confederation (CBF) have announced they will pay both the men's and women's teams equally, joining Australia, England, Norway and New Zealand as one of the few nations to do so.
The new remuneration programme will come into play at the 2021 Olympics, and then continue to apply for the proceeding men's and women's World Cups.
It will see women icons such as Marta on the same paygrade as players like Roberto Firmino and Neymar.
Rogerio Caboclo, CBF President, said, as per Sky Sports: "The CBF has equalled the prize money and allowances between men's and women's football, which means the women players will earn the same as the men.
“What they will gain by conquering or by staging the Olympics next year will be the same as the men will have.
"It will be proportionally the same as what Fifa proposes for women, that is to say, there will be no more gender difference in remuneration between men and women."
Equal pay was first put into place in March of this year when the women's team featured in the invitational Tournoi de France, where they finished fourth of four teams.
The news of equal pay was welcomed by head coach Pia Sundhage, who said she was not only grateful to be a part of the milestone, but was also happy to see a woman Duda Luizelli in charge of coordinating the women's national team for the first time.
While a stepping stone in the right direction for equality in football, the decision will no doubt provide the United States women's team with renewed vigour in the mission to achieve equality in their own national setup.
The USWMNT, four-time World Cup champions, most recently in 2019, took the United States Soccer Federation to court last year, seeking £53m in damages under the Equal Pay Act.
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