Nubank, the largest digital bank in Latin America, plans to integrate stablescoins and credit cards into payments.
This decision was disclosed by the Vice-President of the Bank and former governor of the Central Bank of Brazil, Roberto Campos Neto. Speaking on Wednesday during the Meridian 2025 event, he highlighted the importance of blockchain technology in connection with the digital assets with the traditional banking system.
According to local media reports, Campos Neto said Nobank intends to start testing Stablecoin payments with its credit cards as part of a wider effort to link digital assets with banking services.
“What the data is showing is that people do not buy to sweat, they buy like a value store, he said.” And we have to understand why it happens. I think it changes a little, but we have to understand it. “”
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He also noted that the challenge for banks is to find a way to accept deposits in the form of tokenized and to use these assets to issue credits for customers.
Founded in São Paulo in 2013, Nubank is a Brazilian digital bank serving more than 100 million customers across Brazil, Mexico and Colombia. The bank entered for the first time in the digital asset space in 2022 by allocating 1% of its net assets with Bitcoin and deploying the trading of cryptography for its customers.
In March 2025, Nubank expanded its crypto range with the addition of four altcoins, giving customers access to Cardano (ADA), Cosmos (Atom), near the protocol (near) and Algorand (Algo).
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The adoption of stabbed increases in Latin America
The adoption of Stablescoin has increased in Brazil. In February, the president of the Central Bank of Brazil told the participants during a Bank for International Settlements event that 90% of the country’s cryptographic activity was linked to the stablecoins.
Dollars digital active ingredients have also gained ground in Argentina, where inflation has exceeded 100% in recent years.
According to a March 2025 Bitso, USDT (USDT) and USDC (USDC) report represented 50% and 22% of all cryptocurrency purchases in the country in 2024, respectively. The same report revealed that stablecoins represented 39% of all purchases on its platform in the region in 2024.
The adoption of Stablescoin has also increased in other countries in Latin America.
In July 2025, the Central Bank of Bolivia signed an agreement with El Salvador to promote crypto as a “viable and reliable alternative” in Fiat. Since the lifting of its crypto ban in June 2024, Bolivia has enabled banks to treat Bitcoin and Stablecoin transactions.
In Venezuela, where inflation reached 229% in May, stablescoins like the USDT began to replace the Bolívar in daily trade, from wages to wages. Chain-analysis data show that they represented 47% of all cryptographic transactions of less than $ 10,000 in 2024.
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