Nubank to Pilot Stablecoin Payments via Credit Cards
Nubank, Latin America’s largest digital bank, announced plans to pilot stablecoin-based payments through its credit card network later this year. The initiative was revealed by Roberto Campos Neto, Nubank’s vice chairman and former president of Brazil’s central bank, during the Meridian 2025 event. By embracing stablecoins, Nubank positions itself at the intersection of traditional finance and decentralized innovation, while also advancing Brazil’s growing role in digital asset adoption.
Stablecoins, digital tokens designed to maintain a stable value by being pegged to assets like the U.S. dollar, have emerged as a popular option for payments, remittances, and savings worldwide. Nubank’s upcoming pilot will allow customers to use dollar-backed stablecoins directly for credit card transactions. This means users could settle their purchases in stablecoins just as easily as they do in fiat currency, making cross-border transactions and digital commerce more efficient.
Expanding digital finance integration
Campos Neto explained that the project is part of Nubank’s broader roadmap to tokenize deposits and develop infrastructure for issuing credit tied to tokenized assets. According to him, this integration will assist modernize financial services while offering customers new ways to manage payments and credit. The pilot is not only about stablecoins but also about setting the foundation for broader tokenization strategies within mainstream banking.
Nubank already has experience with digital assets. In 2023, it added support for USD Coin (USDC) within its app, giving customers the ability to purchase, trade, and hold the stablecoin. That earlier move introduced millions of Latin American users to stablecoin utility. The upcoming credit card pilot builds on this foundation by bringing stablecoins into day-to-day payment operations.
Implications for Brazil’s financial sector
Brazil is emerging as a hub for fintech and blockchain integration, with regulators pushing initiatives such as real-time payment systems and exploring tokenized deposits. Nubank’s involvement adds momentum to this transition. With more than 100 million customers across Latin America, the bank has the scale to influence mainstream financial habits. Analysts suggest that if the pilot succeeds, other regional players may accelerate their own stablecoin strategies, creating a ripple effect in the adoption of tokenized payments.
The move also has global implications. As financial institutions worldwide look at blockchain technology to improve settlement speed, reduce costs, and provide transparency, Nubank’s pilot could serve as a model for other banks in emerging markets. The experiment reflects a broader industry shift, with stablecoins increasingly being tested for use in payments, lending, and clearing systems.
Nubank has not provided a specific begin date for the pilot but confirmed that trials will begin in the coming months. The bank’s strategy highlights its commitment to innovation while working within Brazil’s evolving regulatory environment. If successful, the initiative could position Nubank as a global leader in stablecoin adoption and assist redefine how traditional financial products integrate blockchain-based answers.
By pioneering the use of stablecoins in credit card payments, Nubank is not only reshaping its own services but also setting a precedent for how digital assets can be seamlessly embedded into everyday financial transactions.
