{"id":236450,"date":"2026-10-06T21:34:32","date_gmt":"2026-10-06T21:34:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=236450"},"modified":"2026-10-06T21:34:32","modified_gmt":"2026-10-06T21:34:32","slug":"350m-st-cloud-ceo-the-first-credit-union-to-put-bitcoin-on-core-ledger-jed-meyer","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=236450","title":{"rendered":"$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/videos\/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><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">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.<\/p>\n<p class=\"wp-block-paragraph\">Chapters:<br \/>00:00 St. Cloud Financial Credit Union\u2019s Path to Bitcoin<br \/>01:08 Stablecoins, Dollars, and Bitcoin as New Money Networks<br \/>02:26 Bitcoin ETF vs. Credit Union Custody: The Hybrid Custody Model<br \/>03:18 Bringing Main Street Into Bitcoin With Direct Buy and Sell<br \/>04:45 Minnesota Custody Law, NCUA Exams, and the CLARITY Act<br \/>07:32 20+ Bitcoin in Member Vaults and Lightning Plans<br \/>09:38 What It Takes for a Credit Union to Own Bitcoin<br \/>10:57 The Cloud Dollar Stablecoin and the Cooperative Ownership Model<br \/>12:59 How Credit Unions Decide Which Digital Assets to Offer<br \/>14:10 Educating Skeptics and Why Credit Unions Must Own Their Rails<\/p>\n<p class=\"wp-block-paragraph\">DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/videos\/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> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/patrickgreen\">Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine $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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":236451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-236450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236450"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=236450"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/236451"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=236450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=236450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=236450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}