Collaboration, CUSOs, and Crypto: Part II

We’re back with Part 2 of our conversation with Becky Reed, COO at BankSocial. In this episode, Becky maps out the future of lending—from smart contracts and stablecoin-powered car loans to how DAOs could change underwriting and credit union governance. She also shares how boards can (and should) engage with these technologies, why waiting isn’t a strategy, and what the credit union system might look like in 2030.Key Takeaways:00:00Becky walks through a real-world example of how lending could work end-to-end using blockchain, smart contracts, and stablecoin—starting with a member buying a car.05:16"Replacing trust with truth": Becky explains how blockchain transparency removes intermediaries and why BankSocial is non-custodial by design.08:53What if credit unions became DAOs? Becky describes how token-based governance could reshape underwriting, credit committees, and data sharing.12:10Talking tech with your board doesn’t mean teaching blockchain. Becky shares how to frame stablecoin as a payment rail they already understand.15:27Planning season? Becky offers advice on how credit unions can realistically begin exploring crypto, stablecoin, and digital rails, with emphasis on education and execution.18:12Why “waiting to see what happens” is risky. Becky explains the danger of sitting back while others define the future.19:50Becky’s vision for 2030: a grassroots financial renaissance, where DAOs and digital-native credit unions serve tight-knit communities.20:55The best podcast question she’s ever been asked? Listen to hear what it is.Resources Mentioned:BankSocial: https://web.banksocial.io/  LendKey: https://www.lendkey.com/Thanks for listening to the 22 Minutes in Lending podcast. If you enjoyed this episode, please leave a 5-star review to help get the word out about the show and be sure to subscribe so you never miss another insightful conversation.#CreditUnions #Fintech #22MinutesInLending

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