Nubank Integrates Stablecoins into Borderless Digital Account
Nu Global is Nubank's latest innovation in financial services, offering users a multi-currency digital account that converts deposits into Circle's USDC and EURC stablecoins. This product marks the Brazilian fintech giant's formal entry into the US market.
With Nu Global, users can enjoy fee-free transfers across 35 countries, with an initial focus on Europe and Latin America. The account also comes with a virtual Mastercard for global spending, allowing users to tap into their stablecoin balances at merchants worldwide without needing to convert anything.
The core mechanic is straightforward: deposits are converted into USDC or EURC, which earn daily yield - 3.50% APY for USDC and 2.20% APY for EURC. Users can also hold and trade a curated selection of digital assets within the app, including Bitcoin and Ethereum.
This isn't Nubank's first foray into stablecoins; they already offered USDC functionality through NuCrypto. The partnership with Lead Bank provides a regulatory bridge while Nubank works toward its own national bank charter, which received preliminary conditional approval in January 2026.