Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.
Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria
With backing from Binance Labs, Nigeria’s Xend Finance is looking to bring DeFi to the world of local credit unions.
IBM Scores Deal With US Credit Union Group to Use Hyperledger Blockchain
Credit union consortium CULedger will use IBM’s Hyperledger Fabric, in addition to several other blockchains it’s been working with.
US Credit Unions Will Use DLT to Expand Payments Business
CULedger will use the public ledger version of Hedera’s hashgraph to build a global system for cross-border payments.
CULedger, Evernym Release Digital ID Blockchain for Credit Unions
The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.