LAS VEGAS–One Nevada Credit Union has joined the Stablecoin Pilot Program from Metallicus, a provider of blockchain technology for financial institutions, and core developer of Metal Blockchain.
According to the company, the Metallicus Stablecoin Pilot is a “controlled, zero-risk sandbox that allows credit unions and other financial institutions to explore, test, and deploy custom-branded stablecoins in a secure, compliance-forward environment.”
Metallicus said it is designed for institutions evaluating digital asset strategies, the pilot offers a crypto-free test environment with simulated reserves and production-grade controls, no member funds or live crypto assets are used during the pilot.
‘Not Just a Service’
“Money movement isn’t just a service, it’s how our members live, work, and thrive,” One Nevada CU President and CEO Steve O’Donnell said in a statement. “Our members deserve financial tools that move as fast as their lives do. Partnering with Metallicus through their Innovation Program and Stablecoin Pilot positions us for next-generation digital payment solutions that ensure our members have access to the most innovative, secure, and convenient financial tools…giving them more choice, speed, and control over their money.”
What’s Included
Metallicus said its Stablecoin Pilot Program Includes:
- Zero-risk sandbox: Fully simulated environment, no custody of digital assets or use of real money
- Test payment flows: Run internal transfers and institution-to-institution simulations on a shared test network
- Custom-branded stablecoin issuance: Secure deployment tailored to institutional policies and operational controls
The Stablecoin Pilot is part of the Metal Blockchain Banking Innovation Program, a broader initiative enabling credit unions to safely evaluate and adopt blockchain technology, the company said.
