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EWTN explores the plans for Catholic USD
Original coverage by EWTN News ·
Coverage overview
Amira Abuzeid’s February 2026 report for EWTN News examines Crescite’s plans for Catholic USD and the intended uses of a dollar-backed digital asset within Catholic communities. The story features Eddie Cullen and Karl Kilb and discusses payments, donations, and the infrastructure behind the proposed offering.
Excerpt from EWTN News
On March 15, a Catholic digital assets company known as Crescite Innovation Corporation will mint its first stablecoin, called Catholic USD.
Stablecoins such as Catholic USD are a type of digital asset that is backed by and will have a 1-to-1 value equivalence with the U.S. dollar (and are not to be confused with cryptocurrencies like bitcoin).
Catholic USDs can be used to make purchases from or donations to Catholic organizations the same way they would with any other payment method stored in smartphone wallets.
Donations and other financial transactions can take place all over the world and will be nearly instantaneous, fee-free, and secure, thanks to blockchain technology, Eddie Cullen, co-founder of Crescite, told EWTN News.