⚡️ Brazil🇧🇷: the largest local fintech, Nubank, expands its rewards program for USDC holders

⚡️ Brazil🇧🇷: the largest local fintech, Nubank, expands its rewards program for USDC holders

The expansion allows customers to earn daily income on a minimum balance in their wallets (10 USDC) with a fixed annual rate of 4%.

➡️ Due to the growing interest in stablecoins in 2024, approximately 30% of Nubank customers now own USDC.

➡️ More than 50% of new Nubank Cripto customers chose USDC as their first digital asset.

➡️ To start receiving rewards, customers must access their crypto wallet in the Nubank app and click on "I want to participate". The feature can be activated or deactivated at any time, according to the user's preference. Earnings are credited automatically each day, and liquidity is immediate.

➡️ By the way 🐦‍⬛️🐦‍⬛️🐦‍⬛️: in November 2024, the digital bank launched a cryptocurrency exchange tool in its app. With this feature, users can exchange BTC, ETH, SOL, or UNI for USDC (and vice versa) with a reduced commission. Additionally, Nubank allows users to track fluctuations between the US dollar and Brazilian real with alerts at 0.5%, 1.5%, and 2% for USDC, while for other cryptocurrencies, alerts are triggered at 3%, 6%, or 9%.

#news #Brazil #crypto

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