Exchanges· ★★· bullish·

St. Cloud Financial Credit Union holds over 20 BTC on its balance sheet for members

  • —St. Cloud holds over 20 BTC in individual multisignature vaults for members
  • —The credit union, founded in 1930, reports about $350 million in assets
  • —Each member owns their bitcoin directly rather than through a fund share
  • —Stablecoin and Lightning services are in the works, including a 'Cloud Dollar' project
Why it matters: US credit unions are starting to embed direct bitcoin custody into banking infrastructure, extending institutional adoption beyond ETFs.
#BTC
Source: CryptoActu
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