Nubank to Swipe Stablecoins 💳
Hi Digital Banking Fanatic!
Nubank is making a bold bet on the future of money.
Latin America’s largest neobank will test dollar-backed stablecoin payments directly through credit cards, letting users pay merchants in dollars while Nubank handles the blockchain magic behind the scenes.
Former Central Bank Chief Roberto Campos Neto says this isn’t just another pilot. It’s proof of how fast blockchain is pulling traditional banks into its orbit.
Stablecoins already act as a store of value in many emerging markets, but Nubank’s move could push them into everyday transactions — groceries, subscriptions, you name it.
By tying stablecoins to credit card rails, Nubank is making the dollar more accessible in a region that craves it and signaling a future where crypto payments feel just as seamless as swiping plastic.
Scroll down for more info, and other industry news updates 👇
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NEWS
🇧🇷 Nubank to test dollar-backed stablecoin payments via Credit Cards. Former Brazilian Central Bank Chief Roberto Campos Neto says stablecoins could reshape finance as Nubank pilots blockchain integration. He emphasized that blockchain will be crucial in linking digital assets with traditional banking, allowing for tokenized deposits while maintaining credit intermediation.
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