Credit Unions

Credit unions managing $25B in assets are joining a pilot program by Stablecore, Circuit, and Curql to test stablecoin payments and digital asset services. The initiative aims to expand financial technology capabilities for participating US credit unions.

Minnesota has legalized crypto custody services for banks and credit unions, allowing them to provide cryptocurrency storage and management services. This move is expected to increase adoption of cryptocurrencies in the state. The new regulation provides a framework for financial institutions to engage with digital assets.

The author used Claude Code and Blender MCP to visualize their Supply Chain dApp, showcasing a federated network of smart contract nodes coordinating trades. The animation demonstrates transaction lifecycles and recursive batch traceability. The system enables companies to trade internally or with other nodes.

Fraudsters are targeting credit unions by exploiting normal business processes, particularly through structured loan fraud methods that use stolen identities to pass verification and secure funds. This approach allows them to borrow money without hacking into the systems. The method involves using stolen identities to deceive credit unions.