TechFlow, on September 19, according to Financefeeds, Latin America's largest digital bank Nubank is preparing to integrate dollar-pegged stablecoins with credit cards into its payment ecosystem. The bank's vice chairman and former president of Brazil's central bank, Roberto Campos Neto, disclosed the plan at the Meridian 2025 event on Wednesday.
Nubank plans to pilot stablecoin payments via credit cards within the next few months. This move is part of a broader initiative to allow tokenized deposits and eventually use these assets for credit issuance, directly linking stablecoins to the bank's lending operations.
Founded in 2013, Nubank currently serves over 100 million customers in Brazil, Mexico, and Colombia. Over the past three years, the bank has steadily expanded its digital asset business, allocating 1% of its net assets to Bitcoin in 2022 and launching cryptocurrency trading for retail customers.
