Credit Unions Join Stablecore's Early-Access Program for Stablecoin Services

Credit unions with $25 billion in assets are joining Stablecore's early-access program for US credit unions to evaluate stablecoins and other blockchain-based services.

The initiative, developed in collaboration with Circuit and Curql, aims to give participating credit unions a controlled way to test stablecoin and digital asset offerings.

The services under evaluation include stablecoin payments, tokenized deposits, Bitcoin (BTC) on- and off-ramps, and staking capabilities.

The rollout aligns with regulatory work by the National Credit Union Administration (NCUA) to define how payment stablecoins can be issued via credit union subsidiaries.