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Itaú, Brazil's largest bank by assets under management, has added 15 distinct digital assets to its investment platform. The lineup includes Bitcoin, Ethereum, and USDC, a stablecoin pegged to the US dollar.
Nubank, the country's largest fintech, currently lists 28 such assets.
Banco do Brasil, described as Brazil's most lucrative public bank, told Folha de S.Paulo that its Bitcoin and Ethereum service, which began in January, has processed more than 11 million reais ($2.1 million) in transactions.
This expansion occurs without any impact on the banks' own balance sheets.
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