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Latin American digital bank Nubank plans to pilot stablecoin credit card payment services in Brazil

On September 19, it was reported that Nubank, Latin America's largest digital bank, is preparing to integrate U.S. dollar-anchored stablecoins and credit cards into its payment ecosystem. Roberto Campos Neto, the bank's vice chairman and former governor of the Central Bank of Brazil, disclosed the plan at Wednesday's Meridian 2025 event. Nubbank plans to pilot stablecoin payments via credit cards in the coming months, part of a broader plan to allow tokenized forms of deposits and ultimately use these assets to issue credit, combining stablecoin directly with bank lending operations. Nubbank was founded in 2013 and currently serves more than 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 customers.

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