This week, PicPay, a Brazil-based digital payments app with more than 30 million users, announced it plans to launch a crypto exchange and a Brazilian real-tied stablecoin later in 2022. In May, Nubank, the largest Brazilian digital bank by market value, added the option for customers to buy and sell bitcoin and ether on its platform.
Brazil’s Largest Private Bank Itaú to Launch Tokenization Platform, May Eventually Offer Crypto Trading
