Editing Text in Corel that looks like Embroidery Stitching

I want to have an 'editable' font style in Corel that looks like embroidery.  We have Wilcom and we can create a file there e.g. "The Cat Ran up The tree" and digitize it and export it.  But, is there a way to edit the text or numbers in corel and maintain the stitching characteristics.

or:

Is it possible to create a font using transparent images like .png, and then export to Corel which would be editable in Corel?

thx

Bob at MilitaryBest