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Credit unions leverage digital wallets to attract younger members

1 reports1 sourcesupdated 2 hours ago

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AI-assisted source synthesis · not an independent investigation.

On October 19, 2026, PYMNTS, citing a PYMNTS Intelligence report, reported that credit unions could offer cryptocurrency and stablecoin services through digital wallets to attract younger members. The survey showed that 12% of members had a strong interest in storing and using stablecoins through digital wallets, higher than the 5% with a strong interest in using stablecoins for direct payments; 10.7% had a strong interest in making cryptocurrency payments through wallets, higher than the 6.8% with a strong interest in making direct payments. Meanwhile, approximately 67% of members did not know whether their institution supported cryptocurrency, and 70% were unsure whether it supported stablecoins. The report recommended that credit unions consider partnering with fintech companies to provide digital wallet infrastructure.

AI-written from reports · updated 2 hours ago

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Oct 19
  1. PYMNTS
    Credit unions can win younger members through payments

    A PYMNTS Intelligence report shows that credit unions can attract younger members by offering cryptocurrency and stablecoin services through digital wallets. Among credit union members, 12% expressed strong interest in storing and using stablecoins through digital wallets, compared with 5% for direct payments; 10.7% expressed strong interest in cryptocurrency payments through wallets, compared with 6.8% for direct payments. About 67% of members do not know whether their institutions support cryptocurrency, while 70% are unsure whether they support stablecoins. The report recommends considering partnerships with FinTechs to provide wallet infrastructure.

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