Coinbase Partners with Stablecore to Bring Crypto Services to Thousands of Regional Banks

Coinbase, a major U.S. crypto asset exchange, has partnered with Stablecore, a digital asset infrastructure firm serving banks, to enable over 3,000 U.S. regional banks and credit cooperatives to offer crypto asset trading, custody, settlement, and staking through their existing systems.

This partnership allows regional banks and credit cooperatives to enter the crypto asset business without building their own infrastructure while maintaining their branding and customer relationships.

Alec Lovett, who oversees infrastructure business at Coinbase, said that this partnership enables regional banks and credit cooperatives to pursue both community focus and cutting-edge payment technology.