Bitcoin News

Story: DaLand and Circuit Enable Credit Unions to Directly Access Bitcoin and Digital Assets

By Jean-Luc Maracon

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Canvas and Blaze: Owning Rather Than Renting. David Pierce, CIO of Canvas, doesn't beat around the bush.

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Circuit Moves from Theory to Practical Evaluation. Circuit spent the past year building educational programs around digital assets.

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American credit unions now have a concrete path to engage with Bitcoin — not through an external platform, not via a crypto intermediary. Directly.

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The program relies on DaLand's CODE Engine and Coin2Core technology, integrated directly into the core banking systems that credit unions already use: Corelation KeyStone, Fiserv…

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St. Cloud Financial Credit Union, Canvas Credit Union, and Blaze Credit Union are already operating on the platform. St.

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David Pierce, CIO of Canvas, doesn't beat around the bush. His institution wasn't looking for "another concept to study" — it wanted infrastructure it could own rather than rent.

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Justin Burleson of Blaze sees things from a different but complementary angle. Burleson is a former official of the NCUA — the supervisory body for credit unions in the United…

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And they are looking. The announcement comes in the wake of the adoption of the GENIUS Act and other federal legislation on digital assets.

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Read also: Crypto Whales Accumulate $1 Billion in Bitcoin, Ethereum, and XRP

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Related: Gold Hits Six-Week High on 82-Tonne Chinese Buying as Bitcoin Stalls

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Ethan Cunningham, Director of Strategy at Circuit: "Innovation moves faster when credit unions share their learnings.

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The fact that two participating credit unions became owners of DaLand after deployment says something about confidence in the system — or at least about the conviction that the…

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It's not yet clear how many of Circuit's 80 members will move to implementation in the coming months. The source does not specify a timeline.

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Read also: Gold Hits Six-Week High with 82 Tons Bought by China, Bitcoin Stagnates

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St. Cloud, meanwhile, already has its stablecoin in circulation.

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