Nubank, the largest digital bank in Latin America, is said to plan to integrate the dollar Stablecoins and credit cards for payments.
This step was revealed by the bank’s vice president and former Brazilian Central Bank ruler, Roberto Campus New. Speaking at the Meridian 2025 event on Wednesday, the importance of Blockchain technology in linking digital assets to the traditional banking system.
According to To local media reports, Campos Neto said that Nubank intends to start testing Stablecoin payments with their credit cards as part of a wider effort to connect digital assets to banking services.
“What the data shows is that people do not buy transactions, they buy as a valuable store, as he said:” We need to understand the reason for this. I think it changes a little, but we need to understand it. “
https://www.youtube.com/watch?
He also pointed out that the challenge facing banks is to find a way to accept deposits in distinctive models and use these assets to issue credit for customers.
Nubank was founded in Sao Paulo in 2013, a Brazilian digital bank that serves more than 100 million customers throughout Brazil, Mexico and Colombia. The bank for the first time entered the area of digital assets in 2022 by allocating 1 % of its net assets to Bitcoin and offering the encryption trade to its customers.
In March 2025, Nubank expanded the encryption assortment with the addition of four altcoins, allowing customers to reach Cardano (ADA), Cosmos (ATOM), near the protocol (near), and Algo (Algo).
Related to: Nubank to release loyalty symbols on Polygon Blockchain
Stablecoin rise in a height in Latin America
Stablecoin adoption rises in Brazil. In February, the President of the Central Bank of Brazil, who attended at an International Settlement Bank, told the country that the country’s encryption activity is linked to Stablecoins.
Digital assets with a dollar also gained a traction in Argentina, where inflation exceeded 100 % in recent years.
According to March 2025 a report From Bitso, USDT (USDT) and USDC (USDC) made up 50 % and 22 % of all the purchases of cryptocurrency in the country in 2024, respectively. The same report found that Stablecoins constitutes 39 % of all purchases on its platform throughout the region in 2024.
Stablecoin adoption as it grows in other Latin American countries.
In July 2025, the Bolivia Central Bank signed an agreement with El Salvador to promote encryption as a viable and reliable alternative to Fiat. Since the coding ban was lifted in June 2024, Bolivia has allowed banks to process bitcoin and stablecoin transactions.
In Venezuela, where inflation reached 229 % in May, Stablecoins began like USDT to replace Bolivar in daily trade, from grocery stores to salaries. series Data It shows that it constitutes 47 % of all encryption transactions less than $ 10,000 in 2024.
Magazine: Legal Panel: Crypto wanted to overthrow banks, and now it is in the fighting stablecoin
The post Nubank Plans Stablecoin Integration for Credit Card Transactions first appeared on Investorempires.com.
