But for pipes what it means is that if whoever is reading or writing the pipe expects non blocking semantics, the other end needs to agree. And if they don't you'll eventually get an error because the reader or writer outpaced the other, and almost no program handles errors for stdin or stdout.
It is, at least on Linux for ordinary pipe(2) pipes.
I just wrote up a test to be sure: in the process with the read side, set it to non-blocking with fcntl(p, F_SETFL, O_NONBLOCK) then go to sleep for a long period. Dump a bunch of data into the writing side with the other process: the write() call blocks once the pipe is full as you would expect.