Coinbase Brings Crypto Services to Over 3,000 U.S. Banks through Partnership with Stablecore
Coinbase has partnered with Stablecore to bring crypto services to over 3,000 U.S. banks through its existing technology integrations.
The partnership allows Coinbase's custody and exchange infrastructure to be connected to each bank's core banking systems, digital banking software, and compliance tools using a white-label model.
This means that banks can run Coinbase's digital asset services in the background while maintaining their own branding and customer interface.
Amarillo National Bank in Texas is one of the early participants in this partnership, which was already working with Stablecore through Q2 Innovation Studio before the partnership was announced on September 16.