$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer

🎬 $350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer
A credit union founded by postal workers in 1930 is now custodying real Bitcoin for its members. St. Cloud Financial Credit Union CEO Jed Meyer explains how its patent-pending hybrid custody model gives each member individual Bitcoin ownership in a multisig vault. He also covers how the credit union has grown to more than 20 BTC under custody without even trying.
Chapters:

➤ St. Cloud Financial Credit Union is offering members direct Bitcoin custody through a patent-pending hybrid model, ensuring individual ownership in a multisig vault.
➤ The credit union aims to serve 'Main Street' by providing secure, local access to digital assets, differentiating itself from omnibus solutions like ETFs and exchanges.
➤ CEO Jed Meyer highlights the importance of regulatory collaboration and building infrastructure for future digital asset integration, including potential buy/sell capabilities directly within the credit union's core system.

#credit union #Bitcoin #custody #hybrid custody #multisig #NCAA #Minnesota #digital assets #stablecoin #Dand Cuso

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