Minnesota Credit Union to launch stablecoin Cloud Dollar

Odaily Planet Daily News St. Cloud Financial Credit Union, Minnesota Credit Union, announced that it will launch the stablecoin Cloud Dollar (CLDUSD), which is said to be the first stablecoin launched by a U.S. credit union. Developed by Metallicus and DaLandCUSO, the stablecoin will be integrated into the credit union’s banking system to provide members with instant, low-cost transactions. (CoinDesk)