Nubank expands Brazilian crypto with USDC

Nubank partners with Circle to introduce USDC, tapping into Latin America's stablecoin market

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Nubank's Nu Crypto sees rapid adoption, reaching one million users a month after its 2022 launch

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It aligns with Mercado Libre's interest in crypto tech, introducing USDC similar to Mercado Pago's move in Chile

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Nubank offers USDC access to its Brazilian customers, meeting the strong demand for dollars in the region

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Despite crypto challenges, stablecoins like USDC gain traction in Latin America, addressing financial inefficiencies and serving as a hedge against inflation

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