NEW: Brazil’s Nubank Teams Up with Circle to Offer USDC Access to 85 Million Customers

Brazilian fintech giant Nubank is making strides in the world of cryptocurrency by partnering with USDC issuer Circle. The collaboration aims to gradually introduce USDC access to Nubank’s 85 million Brazilian customers. Initially, USDC support will be rolled out on Nubank Cripto, allowing users to buy and hold the USD-backed stablecoin. Future plans involve integrating USDC into Nubank’s broader digital banking services. This strategic move responds to the growing demand for digital dollars in Brazil and Latin America, aligning with Nubank’s expanding crypto offerings and involvement in CBDC pilot projects.

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