Do credit unions have a future? And if so what?
Meet Lamont Black, a Filene Fellow – Credit Union of the Future.
Spoiler alert: Black is optimistic about the future of credit unions.
A finance professor at DePaul University, Black also is a busy writer, speaker, consultant who focuses on innovative technologies including AI and Bitcoin and, nowadays, especially Stablecoin.
In the show Black is articulate in explaining why AI matters to credit unions and he also offers an understandable description of stablecoins and why and how credit unions should hop aboard.
Understand: the estimated volume of transactions around stablecoins in 2025 was $33 trillion. With a t, not a b. $33 trillion!
Big banks have hopped aboard stable coins, so have giant retailers – think Amazon and WalMart.
