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🚀 Big news from Nubank! The Latin American fintech giant, serving over 100 million customers, is set to revolutionize payments by integrating dollar-pegged stablecoins into credit card systems. Announced at Meridian 2025, this move aims to bridge crypto and traditional banking, boosting efficiency for users in Brazil, Mexico, and Colombia. With stablecoins dominating 90% of crypto activity in Brazil and soaring adoption in high-inflation Argentina, Nubank's bold step could redefine digital payments. Dive into the details and see why this is a game-changer for LatAm! 💸 #Nubank #Stablecoins #Crypto #Fintech

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Transcript
00:00Breaking news from the world of fintech Latin America's powerhouse Nubank is gearing up to
00:03revolutionize everyday payments. At the Meridian 2025 event, Nubank's vice chairman and former
00:09Brazilian central bank governor, Roberto Campos Nito, dropped a game changer. They are planning
00:14to weave dollar-pegged stablecoins right into your credit card system. That's right Nubank,
00:18the digital banking giant serving over 100 million customers across Brazil, Mexico and
00:22Colombia is testing stablecoin payments as part of their bold push into blockchain tech.
00:26Campos need to stress the need to bridge digital assets with traditional banking
00:30tackling hurdles like accepting tokenized deposits while issuing credit to clients.
00:34Blast back to 2022 Nubank dipped its toes in by allocating 1% of its net assets to Bitcoin
00:39and rolling out crypto trading services. Since then, they've supercharged their
00:43offerings to meet skyrocketing demand. And the timing couldn't be better.
00:47Stablecoins are exploding in Latin America. Brazil's central bank says 90% of crypto
00:51action that involves them. In Argentina, where inflation topped 100% recently,
00:55us sniped 50% of crypto buys in 2024, with us close behind at 22%.
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