Nubank plans to integrate stablecoins and credit card payments

Nubank, the largest digital bank in Latin America, plans to integrate dollar-pegged stablecoins and credit card payments, according to Cointelegraph. The plan was revealed at the Meridian 2025 event by Roberto Campos Neto, Vice Chairman of Nubank and former Governor of the Bank of Brazil. Campos Neto said Nubank will test stablecoin payments to connect digital assets with banking services. He noted that the challenge for banks is to accept tokenized deposits and use these assets to issue credit to clients. Founded in 2013, Nubank serves more than 100 million customers in Brazil, Mexico and Colombia. In 2022, Nubank allocates 1% of its net assets to Bitcoin and launches a cryptocurrency trading service. In March 2025, Nubank added four altcoins, including Cardano. Stablecoins adoption in Latin America surged, with 90% of Brazil's crypto activity related to stablecoins. Inflation in Argentina is over 100%, and stablecoins are also popular in the country. In July 2025, the Central Bank of Bolivia signed an agreement with El Salvador to promote cryptocurrencies as a substitute for fiat currencies. Venezuela has an inflation rate of 229%, and stablecoins such as USDt have begun to replace Bolivar.