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Nubank expands rewards feature for USDC holders, offering 4% annual returns

Brazilian digital bank Nubank is introducing a new feature that rewards its crypto users for holding the digital dollar USDC. Customers with a minimum balance of 10 USDC will receive daily returns at a fixed annual rate of 4%. The feature follows a successful pilot program and allows users to easily opt-in and out. Nubank previously announced the ability to trade Bitcoin, Ethereum, Solana, or Uniswap for USDC, with reduced fees. The bank has also partnered with Lightspark to integrate the Bitcoin Lightning Network into its platform. Nubank serves over 100 million customers across Brazil, Mexico, and Colombia.

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