May 30, 2025

Credit Unions Embrace Blockchain to Leverage the Future of Trustworthy Financial Services

Credit Unions Embrace Blockchain to Leverage the Future of Trustworthy Financial Services (Image Courtesy: GoWest Official website)
Credit Unions Embrace Blockchain to Leverage the Future of Trustworthy Financial Services (Image Courtesy: GoWest Official website)

In a bold step toward modernizing financial services, credit unions are exploring blockchain technology to deliver faster payments, stronger fraud protection, and smarter digital tools, all while staying true to their mission of people-first financial services.

As the financial landscape evolves, credit unions are proving they’re not just keeping up; they’re leading the way. By embracing blockchain, they’re building a future where everyday banking is faster, safer, and more accessible, especially for the communities they’ve always served.

Through a new partnership between Metallicus, the developer of Metal Blockchain, and GoWest Solutions, credit unions across the west are gaining access to an Innovation Program that empowers them to test and implement blockchain-powered solutions built for the real world.

The Metal Blockchain Innovation Program provides a secure, compliance-first infrastructure to help credit unions explore and implement blockchain technologies across key strategic use cases, including:

(Image: PRNewswire and Metallicus Official website)
  • Metal Pay for Credit Unions – A white-labeled Crypto-as-a-Service wallet solution using tokenization and stablecoins to enable compliant digital payments and asset custody.
  • Metal Identity – A digital identity solution offering secure member authentication through verifiable credentials and Single Sign-On (SSO).
  • Next-Gen Fraud Prevention and Risk Mitigation – Tools utilizing private blockchain subnets and advanced access controls to help institutions identify, report, and reduce fraud.

“Credit unions have always led with trust, purpose, and technology, and now they can leverage that even further to strengthen their leadership,” said Troy Stang, President and CEO of GoWest Credit Union Association. “Through this partnership with Metallicus, credit unions will shape the future of financial services by exploring breakthrough innovations like blockchain, stablecoins, and digital identity in ways that are secure, compliant, and deeply rooted in the needs of their members. This is about building what’s next, together.”

Cameron Smith, Chief Growth Officer for GoWest added, “At GoWest Solutions, we believe the future of financial services will be built through collaboration and bold innovation. This partnership with Metallicus opens the door to cutting-edge blockchain solutions that credit unions can shape together, and creating smarter, safer, and more agile ways to serve their members in a rapidly evolving financial landscape.”

Credit unions participating in the program will help shape these technologies from the ground up, ensuring they’re practical, secure, and designed with everyday people in mind.

For more than a century, credit unions have delivered trust, community, and service. Now, with blockchain innovation, they’re preparing to deliver that same promise — faster, safer, and more powerfully than ever before.

“GoWest represents a powerful network of credit unions who are ready to lead the next wave of financial innovation,” said Frank Mazza, Director of Blockchain for Institutions and Fintechs at Metallicus. “We’re thrilled to partner with them and make blockchain real, relevant, and accessible for credit unions.”

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