Nu Digital Bank Launch Expands U.S. Services with Multi-Currency Account
Nu, the digital banking giant behind Nubank in Latin America, has officially crossed into the U.S. market, rolling out deposit accounts, credit cards and international transfers for American customers. The Nu digital bank launcharrives alongside a separate global product called Nu Global, a multi-currency digital account that converts deposits into the stablecoins USDC and EURC and moves money across more than 35 countries. Together, the two launches mark the companys clearest step yet toward building a presence outside its home markets of Brazil, Mexico and Colombia. Key takeawaysNu has launched U.S. banking services — deposit accounts, credit cards and international transfers — through partner bank Lead Bank, an FDIC member.The U.S. Nu Account pays a variable 3.50% APY, while the no-annual-fee Mastercard credit card offers unlimited 1.5% cashback, with a 2% tier planned for qualifying customers.Nu Global, a separate multi-currency digital account, converts every deposit into USDC or EURC and supports transfers across more than 35 countries with no service fee.Nus own national bank charter, Nubank, N.A., has only conditional OCC approval and still needs Federal Reserve and FDIC sign-off before it can operate independently.Nu reported $1.06 billion in net income for the second quarter of 2026, its first quarter above
