Coinbase has partnered with Stablecore to help banks and credit unions offer crypto trading, custody, staking and stablecoin payments through their existing banking systems.
Stablecore says its technology integrations reach more than 3,000 U.S. banks and credit unions. However, that does not mean 3,000 banks have signed agreements with Coinbase. The figure refers to financial institutions that use technology systems connected to Stablecore’s platform.
The partnership is already being developed with institutions including Amarillo National Bank in Texas. Stablecore connects Coinbase’s digital asset infrastructure with the core banking, digital banking and compliance systems already used by participating institutions.
The goal is to let customers access digital assets through their normal banking experience instead of having to use a separate crypto platform.
Through the partnership, participating institutions could allow customers to buy, sell, hold and stake digital assets, as well as make stablecoin payments. Coinbase provides the underlying custody and exchange infrastructure, while Stablecore handles the connections with the bank’s existing technology.
Stablecore’s platform works as a white-label system, allowing banks to keep their own branding and customer interfaces while using outside infrastructure for digital asset services.
The companies have not disclosed which stablecoins or blockchains each participating bank will support. They also have not announced standard fees, staking terms, minimum balances or a general customer launch date.
Stablecore is focused on regional banks, community banks and credit unions. Its platform is designed to add digital asset services without requiring banks to replace their existing technology systems.
Amarillo National Bank is already involved in Stablecore’s broader integration work. Earlier this year, Q2 said Amarillo National Bank and Bank of Utah were among the early institutions working with Stablecore through Q2 Innovation Studio.
That integration can support stablecoin payments, digital asset accounts, fiat deposits and withdrawals, crypto-backed lending, tokenized deposits and staking rewards.
By Sept. 9, Q2 said Stablecore’s digital asset integration had moved from development into production in less than six months and was operating as a native part of its digital banking platform.
Coinbase’s latest announcement adds its custody and exchange infrastructure to the Stablecore setup. However, the companies have not confirmed which Coinbase services Amarillo National Bank has already made available to its customers.
Stablecore is also working on the compliance side of digital assets. On Sept. 15, the company announced a partnership with Nasdaq Verafin to combine digital asset transaction information with traditional banking data for financial-crime monitoring.
Under the system, Stablecore keeps digital asset transaction and position information without storing personally identifiable information. Banks continue to hold their customer and account records in their own systems, while the relevant information can be sent to Verafin for monitoring and investigation.
Amarillo National Bank is one of the beta customers testing the Verafin integration. Stablecore expects the system to expand to mutual customers during the fourth quarter of 2026 and first quarter of 2027. Real-time sanctions screening for recipients of digital asset transfers is planned after the initial integration.
The partnership comes as U.S. banking regulators have provided clearer guidance around several crypto-related activities.
The Office of the Comptroller of the Currency has confirmed that national banks and federal savings associations can provide crypto custody and execute customer-directed crypto purchases and sales. Banks can also use third-party providers for permitted activities as long as they maintain proper risk and vendor controls.
The OCC has also confirmed that national banks can conduct certain stablecoin, distributed-ledger and crypto custody activities while remaining subject to normal safety, compliance and risk requirements.
The Federal Reserve separately removed an advance-notification requirement for certain crypto activities at state member banks, moving these activities into its regular supervisory process.
These regulatory developments do not mean every bank can automatically provide every Coinbase or Stablecore service. What a bank can offer can depend on its charter, state rules, internal policies, customer requirements and the design of the specific product.
The Stablecore partnership follows another Coinbase agreement with Moov announced earlier in September. That deal is focused on bringing stablecoin acceptance, merchant settlement, payouts and real-time funding to more than 1,000 community banks and credit unions.
The two partnerships target different areas of banking. Moov focuses more on payments and merchant services, while Stablecore’s platform covers crypto trading, custody, staking, stablecoin payments and connections to banking and compliance systems.
Stablecore’s work with banks shows how crypto services are increasingly being built directly into traditional financial platforms. Coinbase is providing the digital asset infrastructure, while Stablecore is working to connect those services with the systems banks already use.
