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Velera welcomes inaugural CU, industry partner cohort to Digital Asset Lab

Tuesday, August 11, 2026 — 16:29:56 (UTC)

Velera Welcomes Inaugural Credit Union and Industry Partner Cohort to Digital Asset Lab

Partners will explore stablecoin and tokenized deposit opportunities, as well as future credit union use cases

Tampa, Fla. (Aug. 11, 2026) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced the inaugural cohort of credit unions and industry partners participating in its Digital Asset Lab, a collaborative initiative designed to help the credit union industry evaluate, test and advance stablecoin and other digital asset opportunities.

Launched in August 2025, Velera’s Digital Asset Lab brings together credit unions, technology providers and industry stakeholders to facilitate engagement and collaboration, provide education and thought leadership, build infrastructure and form strategic partnerships around stablecoin and digital asset exploration. It is designed to address needs like distributed ledger infrastructure and connectivity, blockchain networks, core banking integrations and more.

Since the Digital Asset Lab’s formation, Velera has conducted extensive research and analysis of the emerging digital asset ecosystem, evaluating regulatory developments, technology maturity, operational considerations and credit‑union‑specific use cases. Through this work, the organization has methodically assessed potential partners and solution providers, leading to this next phase of strategic collaboration.

“As new forms of digital money and payment infrastructure continue to evolve, credit unions must be equipped to assess what is relevant, what is viable and what will truly benefit their members,” said Nathan Meyer, Senior Innovation Strategist, Velera. “This inaugural cohort gives the industry an opportunity to learn together, test responsibly and help define a credit union-led path forward for digital assets.”

Velera credit unions joining the Digital Asset Lab include:

BankFund Credit Union (Washington, D.C.)

Coastal Credit Union (N.C.)

Corporate One Federal Credit Union (Ohio)

Kemba Credit Union (Ohio)

orsa credit union (Mich.)

Service 1st Federal Credit Union (Penn.)

Teachers Federal Credit Union (N.Y.)

Valley Strong Credit Union (Calif.)

7 17 Credit Union (Ohio)

Together, these credit unions will work alongside solution providers to evaluate platforms and business models that foster industry collaboration and expand access to innovative technology. Participating solution providers include:

Anchorage Digital: The first federally regulated digital asset platform providing institutions with leading staking, custody, settlement, governance, stablecoin issuance and other digital asset infrastructure services

Mastercard: An international financial technology company advancing secure, scalable digital asset and blockchain-enabled payments solutions Stablecore: The digital asset core enabling credit unions and banks to seamlessly integrate stablecoins, tokenized deposits and other payment rails into their existing digital banking, core banking and compliance platforms

TRM Labs: A blockchain intelligence company helping financial institutions manage risk, detect fraudulent activity and support digital asset compliance

TruStage Digital Assets: An issuer of stablecoins purpose-built for the credit union industry and the future of money movement

The cohort will initially focus on research, education and evaluation of stablecoins and tokenized deposits, including the infrastructure, risk, compliance, interoperability and member-experience considerations required to support future credit union use cases. Insights from the group will help guide potential proofs of concept and pilot programs as Velera explores opportunities to bring innovative digital asset solutions to credit unions at scale.

The Digital Asset Lab is powered by the Innovation team within Velera’s Emerging Services department. To learn more, visit velera.com/emerging-services or email digital-asset-lab@velera.com.

About Velera

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.

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Source: Company press release.

Categories: Announcement