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The Minnesota-based Credit Union is set to launch the Cloud Dollar stablecoin.

2025-09-10 23:06

BlockBeats News, September 10th, according to CoinDesk, St. Cloud Financial Credit Union in Minnesota, USA, announced the launch of the Cloud Dollar (CLDUSD) stablecoin by the end of 2025, becoming the first stablecoin issued by a US credit union. The stablecoin, developed jointly by Metallicus and DaLandCUSO, will be integrated into the credit union's banking system to provide members with instant, low-cost transactions.

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