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💥 Historic First for U.S. Credit Unions 💥
St. Cloud Financial Credit Union has just announced the first-ever U.S. credit-union-issued stablecoin, built in partnership with Metallicus and DaLand CUSO, and it’s a game-changer.
Thanks to the recently passed GENIUS Act, federally insured credit unions and their CUSOs can now issue and custody stablecoins under NCUA oversight. That unlocks access to over $4 trillion in untapped credit-union liquidity, and St. Cloud is leading the charge.
Here’s why this matters:
Regulated & Compliant – Metallicus operates with full BSA, KYC, AML, and ISO 20022 standards, making it the perfect on-chain partner for traditional finance to use there ecosystem Layer 0: $METAL blockchain, Layer 1: $XPR network, and Layer 2: $MTL Metal Dao.
DeFi Meets Credit Unions – This isn’t just a stablecoin. It’s the gateway for credit-union money to flow into regulated DeFi, including Metallicus’ own lending protocol, $LOAN.
First of Many – St. Cloud is only the beginning. More credit unions are already lined up to follow, creating a new wave of blockchain-native, federally insured stablecoins.
Imagine thousands of community credit unions nationwide issuing their own compliant stablecoins, merging Main Street finance with institutional-grade DeFi. This is the start of that future, and it’s happening now.
Know What You Hold!!!
#KWYH #MoveToMetal #NCUA #Stablecoin
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