Nu .(US:NU) Yahoo Finance·2025-09-19 07:03Group 1 - Nubank, the largest digital bank in Latin America, is set to integrate dollar-pegged stablecoins into its payment ecosystem, starting with credit card transactions [1][8] - The bank's vice-chairman, Roberto Campos Neto, highlighted the importance of blockchain technology in connecting digital assets with traditional banking during the Meridian 2025 event [2] - There is a notable shift in the use of stablecoins, with more individuals moving from viewing crypto as a store of value to using it for transactions, indicating a need for banks to adapt by accepting tokenized deposits [3][8] Group 2 - Nubank's expansion into the crypto space began in 2022, with a Bitcoin allocation and crypto trading services, and it has since added support for various altcoins [4] - In Brazil, 90% of crypto activity is linked to stablecoins, driven by high inflation and currency volatility, making dollar-pegged tokens attractive [5] - Neighboring countries like Argentina and Venezuela are also experiencing significant stablecoin adoption due to extreme inflation rates, with stablecoins making up a large portion of crypto transactions [5][6] Group 3 - The recent passage of the GENIUS Act in the US aims to strengthen the dollar's position in global markets by supporting dollar-pegged stablecoins [7]