Serve members through qualified providers
Explore third-party digital-asset services, institution-level controls and reporting without assuming direct credit-union custody.
A proposed cooperative infrastructure network
Digital dollars,
built together.
Dollar.coop is developing a member-owned network to connect credit unions, cooperatives and merchants to regulated digital-dollar infrastructure. The first step is shared access to existing dollar rails. A future cooperative-branded G4USD would be issued only through an appropriately authorised issuer.
Concept and partner-development stage · Position as at 25 September 2026
Proposed operating modelDistinct responsibilities
Members and merchantsCredit unions · cooperatives · payment networks
PARTICIPATEdollar.coop + FORUSGovernance · wallet experience · APIs · orchestration
COORDINATERegulated partnersIssuer · reserves · custody · fiat access
OPERATEPayment railsExisting dollar stablecoins; XRPL is an initial technical option
SETTLEThe cooperative is the network layer. It is not represented as the issuer or custodian of a payment stablecoin.
The opportunity
A shared route into a changing payments market.
Dollar stablecoins are growing into a regulated payment layer. Community institutions need a practical way to use that infrastructure while retaining their member relationship and working within their own authority.
$317bnAggregate stablecoin market capitalisation on 6 April 2026.Federal Reserve research ↗
$2.50tnAssets in federally insured US credit unions, Q2 2026.NCUA Q2 2026 ↗
One networkA proposal to share integrations, standards and scale across independent members.
How it works
Keep the responsibilities clear.
A network can be cooperative while regulated financial functions remain with the entities licensed and accountable to perform them.
The architecture is designed so an issuer, custodian or settlement rail can change without asking members to rebuild every integration.
Cooperative network
Membership, shared standards, procurement, governance and potential lawful patronage from service economics.
FORUS technology
Wallet and merchant experiences, tenant management, payment orchestration, identity workflows, APIs and reconciliation.
Regulated issuer
Legal issuance and redemption obligations, reserve programme and required regulatory reporting.
Custody and rails
Qualified asset safekeeping and fiat access, with approved blockchain or payment rails for settlement.
Future G4USD
Planned, not live. Issuer choice, reserve design, approvals and launch timing depend on final rules and executed arrangements.
Who it serves01 / CREDIT UNIONS 02 / COOPERATIVES 03 / MERCHANTS
Useful infrastructure for member institutions.
The initial proposition focuses on shared access and operational tools. Each participating organisation would retain responsibility for its own legal permissions, customers and disclosures.
Move value across networks
Support approved member payouts, supplier settlement and shared purchasing with a common integration layer.
Build new payment routes
Explore acceptance, reconciliation and settlement flows where they offer a lawful and commercially useful alternative.
Future product programmeG4USD is a destination,
G4USD is a destination,
not a launch claim.
The proposed cooperative-branded dollar would target full eligible reserve backing, par redemption, independent transparency and institution-grade controls. The legal issuer would need the appropriate authorisation. No G4USD token is offered or issued by this site.
01 · Establish
Form the network
Develop governance, member terms, provider diligence, compliance allocation and a small pilot using an existing stablecoin where permitted.
02 · Prove
Run real flows
Test funding, settlement, off-ramp, reconciliation and support with regulated partners. Measure useful demand before introducing another token.
03 · Decide
Select an issuer path
Assess licensed bank, trust-bank, credit-union-linked and other eligible pathways against final rules. Launch G4USD only after approvals and tested redemption.
Design principle
Member economic value would come from lawful cooperative service economics, where applicable. The proposed payment token itself is not an interest or yield product.
Cooperative governance
Shared ownership, clear accountability.
The proposed network brings institutions together around common standards and negotiated services. A regulated issuer would retain the independent board and management duties required by its supervisor.
Membership and voice
Founding members would help shape eligibility, voting classes, standards and oversight. The domicile and final governance structure require US legal review.
Economic participation
Potential patronage would be tied to lawful cooperative activity and approved tax and legal treatment, rather than simply holding a stablecoin balance.
Operational trust
Responsibilities for identity, screening, key security, reserve reconciliation, complaints and reporting would be assigned across the network and its providers.
Issuer independence
The network can select and negotiate with providers while preserving the issuer’s regulatory duties, reserve controls and redemption obligations.
Regulatory position · 25 September 202624 September 2026 · Proposal Current NCUA position 17 August 2026 · Proposal
Follow the rules as they are made.
The GENIUS Act establishes a US licensing framework for payment stablecoin issuers. Key prudential and application details remain in rulemaking. These selected primary sources explain the current design constraints.
Federal Reserve
Proposed reserve, capital, risk and custody standards for Board-supervised issuers, plus a bank-subsidiary application process.
Read the announcement ↗Credit union participation
Federally chartered credit unions are not currently authorised as digital-asset custodians. NCUA describes a proposed credit-union-linked issuer pathway.
Read NCUA guidance ↗Treasury
Treasury identifies 18 January 2027 as the Act’s expected effective date and proposes rules on US issuance, offering and sale.
Read Treasury release ↗Important distinction
Payment stablecoins are not insured credit-union shares or insured bank deposits. NCUA share insurance does not cover digital assets. Dollar.coop and G4USD are proposals; this site does not establish an issuer licence, an insurance guarantee, a right of redemption or an offer to acquire a token.