Brazilian digital bank Nubank offers rewards to users who hold USDC on the platform

01/15 04:45

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Brazilian digital bank Nubank will offer rewards to its users who hold USDC, including a daily return for a minimum balance of 10 USDC, with a fixed annual interest rate of 4%. Users can choose to join or exit at any time, and returns are automatically credited daily with instant liquidity. By 2024, the amount of USDC held by Nubank customers has increased tenfold, and USDC now accounts for 30% of the platform's users' crypto investment portfolios. More than half of new Nubank crypto users choose USDC as their first digital asset.

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