Circle and Nubank announced a partnership to extend USDC access to Brazilian Nubank customers. Circle's USDC is the leading regulated dollar stablecoin, a form of digital dollar that operates over the internet. USDC support will initially be rolled out as part of Nubank Cripto, providing its Brazilian users with access to buying and holding digital dollars.

Future integration with Nubank's broader digital banking platforms offers the potential for Nubank's customers to gain the benefit of blockchain-based financial services powered by USDC. USDC is fully reserved with cash and cash equivalent assets and is always redeemable 1:1 for USDC, providing a stable, regulated store of value that protects against inflation and supports a wide array of digital financial use cases. True to the spirit of both companies' missions, the partnership includes mutual contributions to educational campaigns aimed at spreading knowledge about USDC in the Brazilian market, establishing it as a secure, cost-efficient and transparent method for accessing and transacting in digital dollars.

Nubank Cripto's robust platform incorporates educational content about digital currencies to empower users to make informed financial decisions.