Latin American digital bank Nubank plans to pilot stablecoin credit card payment service in Brazil
ChainCatcher reported that Nubank is preparing to integrate a US dollar-pegged stablecoin and credit cards into its payment ecosystem.
The bank's Vice Chairman, former President of the Central Bank of Brazil Roberto Campos Neto, disclosed this plan at the Meridian 2025 event on Wednesday. Nubank plans to pilot stablecoin payments via credit cards in the coming months. This initiative is part of a broader plan aimed at allowing tokenized forms of deposits and ultimately using these assets to issue credit, directly integrating stablecoins with the bank's lending business.
Founded in 2013, Nubank currently serves over 100 million customers in Brazil, Mexico, and Colombia. The bank has steadily expanded its digital asset business over the past three years, allocating 1% of its net assets to Bitcoin in 2022 and launching cryptocurrency trading for retail clients. In March 2025, Nubank further expanded its product range by adding Cardano (ADA), Cosmos (ATOM), Near Protocol (NEAR), and Algorand (ALGO) to its platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Selloff Sends Berkshire to Its Biggest S&P 500 Lead Since 2010: Can It Last?
Meridian weighs $400 million investment decision for Cabaçal mine
Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
Scorpio hits gold beyond Nevada resource
Crypto prices
More
