Are Credit Unions Ready for Cryptocurrency?

Are Credit Unions Ready to Offer Cryptocurrencies?

With credit union members more likely than average to have increased their crypto holdings in the past year, CUs stand to gain from catering to these members — but concerns about crypto’s volatility and security are holding two-thirds of CU executives back, according to the latest “Credit Union Tracker®,” a collaboration with PSCU.

Inside the September/October Tracker
  • Few technologies have sparked more interest in recent years than cryptocurrency, which hit a worldwide market capitalization of more than $1 trillion in 2023.
  • PYMNTS Intelligence explores what members expect from their CUs when it comes to cryptocurrency and why CUs have added cryptocurrencies to their portfolios.
  • The rise of CUs implementing new cryptocurrency initiatives could bring significant returns in the next five years if the current market growth persists.

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