Nu Expands into US Market with New Digital Banking Services and Global Multi-Currency Account

Nu, the digital banking giant behind Nubank in Latin America, has officially launched its operations in the U.S. market, offering deposit accounts, credit cards, and international transfers to American customers.

The Nu digital bank launch arrives alongside a separate global product called Nu Global, a multi-currency digital account that converts deposits into stablecoins USDC and EURC and moves money across more than 35 countries.

The centerpiece of the Nu U.S. operations is a deposit account paying a variable 3.50% annual percentage yield, with interest calculated and credited daily.