DaLand CUSO and Circuit, an 80-member credit union collaborative, have launched the production phase of the Digital Asset Initiative, providing US credit unions with direct access to Bitcoin and digital asset services. The platform leverages DaLand’s CODE Engine and Coin2Core technology, integrating digital asset capabilities directly into core banking systems from Corelation KeyStone, Fiserv DNA, and Jack Henry Symitar. Three credit unions are already live: St. Cloud Financial (issuer of a $CLDUSD stablecoin), Canvas Credit Union ($5 billion in assets), and Blaze Credit Union, representing more than $10 billion in combined assets. This deployment comes as federal digital-asset legislation, including the GENIUS Act, pushes financial institutions to formalize their crypto strategies while retaining custody of assets and member relationships in-house.
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