Nu Global Integrates USDC and EURC for Cross-Border Payments
Nu Global, the new multi-currency digital account from Nu Holdings, has integrated USDC and EURC stablecoins to power cross-border payments. This move follows a record quarter for Nu, with its customer base surpassing 140 million, quarterly net income crossing $1 billion, and return on equity hitting 32%. David Velez, Founder and CEO of Nu, stated, 'This is the next chapter of something we started thirteen years ago in a small house in São Paulo.'
Nu Global automatically converts deposits into USDC or EURC, earning 3.50% APY and 2.20% APY daily, respectively. Users also get a virtual Mastercard compatible with Apple Pay and Google Pay for global spending at competitive exchange rates with no markups. Beyond stablecoins, the platform lets users hold and trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other curated digital assets directly in the app.
The integration of USDC and EURC into Nu Global normalizes stablecoin usage as a daily financial tool rather than a crypto-native product. This marks a key acceleration of mainstream adoption, regardless of where broader crypto markets are trading.