Circle partners with Nubank to provide USDC services to Brazilian users

Stablecoin USDC issuer Circle announced a partnership with Brazilian digital bank Nubank to provide USDC support for Brazilian users. In the first phase, Nubank Cripto users will be able to purchase and hold cryptocurrencies with USDC. In the future, more blockchain-based financial services may be integrated into Nubank Cripto.It is reported that Nubank is a fintech company headquartered in Brazil, founded in 2013, and is one of the largest digital banks in Latin America, serving 90 million customers in Brazil, Mexico, and Colombia.