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

ChainCatcher news, Nubank is preparing to integrate dollar-pegged stablecoins with credit cards into its payment ecosystem.

The bank's vice chairman and 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, a move that is part of a broader initiative aimed at allowing tokenized forms of deposits and ultimately leveraging these assets for credit issuance, directly linking stablecoins with the bank's lending operations.

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 customers. In March 2025, Nubank further expanded its product offerings by adding Cardano (ADA), Cosmos (ATOM), Near Protocol (NEAR), and Algorand (ALGO) to its platform.