PLANO, Texas—The Cornerstone League said it has partnered with San Francisco-based Metallicus, a provider of blockchain technology for financial institutions and core developer of Metal Blockchain.
The collaboration gives Cornerstone League member credit unions access to the Metallicus Stablecoin Pilot, a controlled sandbox that lets institutions explore, test, and deploy custom-branded stablecoins in a secure, compliance-forward environment, according to the organizations. Cornerstone League represents more than 600 credit unions across Texas, Oklahoma, Arkansas, Missouri and Kansas.
“The pilot is designed for credit unions that want to understand stablecoin issuance, operations, and risk before moving to production,” the organizations said. “Participants use a crypto-free test environment with simulated reserves and controls that mirror a production rollout. No member funds or live crypto assets are required during the pilot.”
The Stablecoin Pilot Program
According to the organizations, the pilot program includes:
• Zero-risk test sandbox, regulatory aligned, and no custody of digital assets or use of real money.
• Payment flows—run internal transfers and credit union-to-credit union tests on a shared test network.
• Custom-branded stablecoin, issued in a secure environment and tailored to the institution’s policies and controls.
About the Program
According to Metallicus, the Metallicus Stablecoin Pilot Program is part of the Metal Blockchain Banking Innovation Program, an initiative that “helps credit unions safely evaluate and adopt blockchain technology. In addition to stablecoin pilots, the program includes tools for fraud prevention, digital identity, operational efficiency, private blockchains, and a compliant Crypto-as-a-Service API. The API allows institutions to retain deposits by enabling members to buy, sell, and hold digital assets directly through their credit union, with custody, KYC/AML, and transaction monitoring built in.”
As part of the partnership, Cornerstone League member credit unions can participate in the Metallicus Stablecoin Pilot at no cost as a member benefit, the organizations said.
