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.