Nu Holdings Launches Nu Global for Seamless Cross-Border Finance

Nu Global, a digital account from Brazilian fintech giant Nu Holdings Ltd., has been launched to cater to global customers. The service automatically converts customer deposits into stablecoins, specifically USDC and EURC, while allowing users to hold and trade Bitcoin, Ethereum, and Solana directly within the app.

The core pitch is straightforward: deposit money, and it gets converted into digital dollars (USDC) or digital euros (EURC). Those balances earn a yield of 3.50% APY for USDC and 2.20% APY for EURC, credited daily.

Nu Global users can move that money across more than 35 countries with zero transfer fees. The initial focus covers Europe and Latin America, with Brazil, Colombia, Mexico, and the United States as the primary markets.