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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:00:00 St. Cloud Financial Credit Union’s Path to Bitcoin01:08 Stablecoins, Dollars, and Bitcoin as New Money Networks02:26 Bitcoin ETF vs. Credit Union Custody: The Hybrid Custody Model03:18 Bringing Main Street Into Bitcoin With Direct Buy and Sell04:45 Minnesota Custody Law, NCUA Exams, and the CLARITY…
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