PANews reported on December 5th that, according to SoSoValue data, after a continuous rise, the market generally corrected. The PayFi sector fell 3.78% in the past 24 hours, with XRP down 4.37%, but DASH and ULTIMA bucked the trend, rising over 3%. BTC fell below $93,000, and ETH fell below $3,200. The CeFi sector fell 1.96%, with OKB rising 1.91% against the trend. Layer 1 fell 2.24%, with TRX and ZEC rising 2.43% and 10.02% respectively. Layer 2 fell 3.01%, with MERL rising nearly 10% intraday. The Meme sector fell 3.09%, with FARTCOIN rising 5.93%. The DeFi sector fell 3.41%, with MYX rising over 7% intraday.

Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more
