Credit Unions Join Stablecoin Infrastructure Program
BITmarkets Team
Jun 24, 2026
The initiative, announced on Wednesday, is being developed in partnership with Circuit, a credit union service organization (CUSO) focused on innovation and research, and Curql, a fintech investment network representing more than 160 credit unions.
Through the program, participating institutions will be able to explore a range of digital asset services in a controlled environment before integrating them into their existing banking systems.
Credit unions gain access to stablecoin and crypto tools
The pilot allows credit unions to test several blockchain-related products and services, including stablecoin payments, tokenized deposits, Bitcoin (BTC) services, crypto on- and off-ramps, and staking functionality. The initiative builds on Stablecore’s broader strategy of bringing digital asset capabilities directly into traditional banking infrastructure.
Earlier this year, the company joined the Jack Henry Fintech Integration Network, providing access to approximately 1,670 bank and credit union clients that use Jack Henry’s core banking systems. Under the new program, credit unions representing roughly $25 billion in combined assets will be able to evaluate how stablecoins and other digital asset services could fit into their operations.
Credit unions remain an important part of the US financial system, with more than 4,200 federally insured institutions serving millions of members nationwide. While the number of credit unions has gradually declined over time, total membership and assets have continued to expand.
Regulatory momentum supports stablecoin adoption
The launch comes as regulatory developments suggest growing interest in stablecoin adoption among credit unions. In February, the National Credit Union Administration (NCUA) proposed a licensing framework for payment stablecoin issuers operating through subsidiaries of federally insured credit unions.
Under the proposal, any stablecoin issuer connected to a credit union subsidiary would be required to obtain an NCUA license before issuing payment-focused stablecoins. The current proposal primarily focuses on licensing and supervisory requirements, while additional regulations covering reserves, capital requirements, liquidity standards and risk management are expected to be introduced in future rulemaking phases.
Together, these developments indicate that US credit unions are increasingly positioning themselves to participate in the growing stablecoin and digital asset ecosystem as regulatory clarity continues to evolve.
Sources:
https://cointelegraph.com/news/credit-unions-join-stablecoin-infrastructure-program
