St. Cloud Financial Credit Union (SCFCU) has surpassed 10 bitcoin held on behalf of its members through its newly launched CU-Digital Asset Vault™, signaling early demand for community-based bitcoin custody solutions.

The credit union told Bitcoin Magazine that it is now safeguarding more than 12.6 BTC, along with smaller amounts of ether and USDC, just weeks after rolling out the service to its base of more than 28,000 members.

Unlike institutional custody platforms, the holdings reflect adoption at the individual level, with everyday users opting to store digital assets within a familiar financial institution rather than relying solely on exchanges or full…

Read more on BitcoinMagazine