Nubank intends to integrate stablecoins for credit card payments

Nubank’s plan focuses on facilitating stablecoin payments with credit cards, emphasizing blockchain’s potential in bridging finance and digital currencies. The goal is to expand the use of stablecoins in everyday banking.

The bank’s entry into digital assets began in 2022, with reports indicating a 90% crypto activity in Brazil involving stablecoins. With inflation concerns, usage of USDC and USDT has surged in markets like Argentina.