Credit unions redefine financial inclusion using dollar-backed blockchain innovation
Source: CoinWorld
Time: 2025-09-11 02:52:17
A large U.S. credit union will launch the U.S. dollar-pegged stablecoin CLDUSD in the fourth quarter of 2025 to enhance financial inclusion and digital access. CLDUSD is built on a high-throughput blockchain and aims to reduce transaction costs, support P2P transfers, and enable digital lending and savings. The project complies with KYC/AML compliance requirements, is aimed at retail and institutional users, and may be used for international remittances in the future.