Stablecore Raises $20M to Bring Digital Assets and Stablecoins to Community Banks
Stablecore, a platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits, and other digital asset products, has raised $20 million in funding. The round was led by Norwest and included Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, and Bankers Helping Bankers Fund, representing over 290 partner banks and credit unions. The news comes amid the regulatory shift triggered by the GENIUS Act passed in July 2025, which formally allows banks to engage in digital asset activities.
