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Minnesota Credit Unions to launch stablecoin Cloud Dollar

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Minnesota Credit Unions to launch stablecoin Cloud Dollar

According to Foresight News, according to CoinDesk, St. Cloud Financial Credit Unio, Minnesota Credit Union, announced that it will launch the stablecoin Cloud Dollar (CLDUSD), the first stablecoin launched by a US credit union. Developed by Metallicus and DaLandCUSO, the stablecoin will be integrated into the credit union’s banking system to provide members with instant, low-cost transactions.
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