An early-access stablecoin and digital asset programme specifically designed for US credit unions has launched.
Editorial
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
The programme is put together by Stablecore, a platform that helps community banks and credit unions offer stablecoins, tokenised deposits and digital asset products, and Circuit, a research and development Credit Union Service Organisation.
Further support comes from Curql, a collective of more than 160 credit unions, with RBFCU, Stanford FCU and La Capitol FCU part of the initial launch.
Stablecore’s technology enables credit unions to offer foundational digital asset products directly. Beyond the technical capabilities, the programme will provide education to both staff and members to help prepare for adoption.
“Members trust their credit unions because of their ability to provide secure, trusted access to the financial products and services they care about within a single experience,” says Alex Treece, CEO, Stablecore. “By enabling credit unions to offer digital asset products, we are helping them stay relevant against competitive threats, retain their deposits and continue to be the trusted, primary financial partner for their members.”
