Latin America’s largest digital bank, Nubank, announced today that it has ceased operations using its cryptocurrency, Nucoin. Trading of the token was halted effective immediately on Tuesday, Wu reported.

The move marks the end of operations for the cryptocurrency, which was launched in March 2023. Customers with at least 100 Brazilian reals in Nucoins will be able to exchange them for Bitcoin or USDC.

Users have up to 90 days to make this switch, i.e. until December 9th.