Nu Expands into US with Stablecoin-Backed Accounts

Nu, the parent company of Nubank, has launched in the United States with its US banking suite and Nu Global, a multi-currency account that converts deposits into USDC and EURC stablecoins.

The launch marks the first time Nubank's holding company has expanded beyond Latin America, where it serves over 140 million customers in Brazil, Mexico, and Colombia.

The US banking suite includes the Nu Account, which pays a 3.50% APY on every dollar with interest credited daily and deposits held at partner FDIC-insured Lead Bank.

Nu applied for a national bank charter with the Office of the Comptroller of the Currency last fall and received conditional approval in January 2026.