On September 19, Nubank, Latin America's largest digital bank, is preparing to integrate dollar-pegged stablecoins with credit cards into its payments ecosystem. Roberto Campos Neto, vice chairperson of the bank and former governor of Brazil's central bank, revealed the plan at the Meridian 2025 event on Wednesday.
Nubank plans to pilot stablecoin payments via credit cards in the coming months as part of a broader plan to allow tokenized forms of deposits and eventually use these assets to extend credit, combining stablecoins directly with bank lending.
Founded in 2013, Nubank currently serves over 100 million clients 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 exchanges for retail clients.
Latin American digital bank Nubank plans to pilot stablecoin credit card payment service in Brazil
2025-09-19 00:30:28
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