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.
The NCUA could look at the Office of the Comptroller of the Currency's crypto guidance as an example, Kyle Hauptman said.
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.
Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.
With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.
Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.