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%.
01:01It's a clear signal in shaky economies, dollar-backed digital assets or the new safety net.
01:05So,
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01:12for the firstater and 2021. So, we're on our central bank.
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01:20So let's talk about that.
01:21那么 just keep the model by χ p-ms like this slting intersecting
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