Minnesota credit union to launch Cloud Dollar stablecoin

St. Cloud Financial Credit Union in Minnesota, USA, announced the launch of the stablecoin Cloud Dollar (CLDUSD), which is the first stablecoin launched by a US credit union. The stablecoin was developed jointly by Metallicus and DaLandCUSO and will be integrated into the credit union's banking system to provide members with instant, low-cost transactions.

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