Crypto
Nu Holdings Expands to U.S. Banking with Stablecoin Account Launch
Nu Holdings has expanded its services to include U.S. banking and global stablecoin accounts, launching both offerings on September 10.
The company's U.S. expansion includes a deposit account with a variable 3.50% APY, debit and credit cards, domestic and international transfers, and an initial 1.5% unlimited cashback rate on its credit card.
Nu Global operates separately, converting customer deposits into USDC or EURC with advertised yields of 3.50% APY on USDC and 2.20% on EURC.