SAN FRANCISCO, CALIFORNIA – 14/05/2025 – (SeaPRwire) – In a significant move towards modernizing financial services, the MD|DC Credit Union Association has announced a strategic partnership with Metallicus, the core developer of Metal Blockchain. This collaboration aims to introduce a comprehensive Innovation Program designed to integrate blockchain technology into credit union operations, focusing on fraud prevention, digital identity, and operational efficiency.
Empowering Credit Unions Through Blockchain
The Innovation Program offers a secure, compliance-oriented infrastructure that enables credit unions to explore and implement blockchain solutions across various strategic areas. Key components of the program include:
- Metal Pay for Credit Unions: A customizable Crypto-as-a-Service wallet solution that leverages tokenization and stablecoins to facilitate compliant digital payments.
- Metal Identity: A blockchain-based digital identity solution providing secure member authentication through verifiable credentials and Single Sign-On (SSO) capabilities.
- Fraud Prevention & Risk Mitigation: Advanced tools utilizing private subnets and access controls to enhance security and reduce operational risks.
John Bratsakis, President & CEO of the MD|DC Credit Union Association, emphasized the significance of this initiative: “We’re bringing best-in-class, innovative products to help credit unions meet their members where they are—whether through crypto wallets, fraud prevention, or advanced member protection solutions. This partnership makes it easier for our members to explore and adopt transformative technologies like blockchain.”
Collaborative Development and Implementation
To ensure the practical application of these technologies, a steering group comprising representatives from participating credit unions will be established. This group will collaboratively explore real-world applications, define scalable models for industry adoption, and guide the development process. Participants will benefit from technical support, educational resources, and early implementation opportunities.
Frank Mazza, Director of Blockchain for Institutions & Fintechs at Metallicus, expressed enthusiasm about the partnership: “Credit unions are uniquely positioned to benefit from blockchain, and we’re excited to work with MD|DC Credit Union Association to bring these innovations to life. Our goal is to make blockchain real and relevant for credit unions—and this partnership is a major step forward in doing just that.”
Accessible Innovation for All Member Credit Unions
As part of their membership benefits, all member credit unions of the MD|DC Credit Union Association will have access to the Innovation Program at no additional cost. An informational webinar will be hosted this month to provide further details about the program, its current use cases, and participation opportunities. Interested credit unions can visit metalblockchain.org/mddccua for more information and to express interest in joining the program.
About Metallicus
Metallicus is a leader in blockchain technology for financial institutions and the core developer of The Digital Banking Network (TDBN), an open-source blockchain banking protocol with integrated Digital Identity (DID) and stablecoin support for secure, compliant global transactions. Their suite of blockchain-based financial tools offers digital wallets and white-labeled crypto solutions for institutions and developers. Metallicus’ Credit Union Service Organization (CUSO) division provides credit unions with blockchain infrastructure for real-time settlement, automated compliance, and enhanced member services.
About MD|DC Credit Union Association
The MD|DC Credit Union Association serves as the regional trade association representing credit unions across Maryland, Delaware, and the Washington, D.C. metropolitan area. Collectively, these credit unions serve more than 2.7 million members, providing a wide range of financial services and products to meet the diverse needs of their communities.
source https://newsroom.seaprwire.com/technologies/mddc-credit-union-association-and-metallicus-forge-strategic-partnership-to-advance-blockchain-integration-in-credit-unions/
