Coinbase has reached a partnership with banking technology company Stablecore, planning to integrate encrypted transactions, custody, staking, and stablecoin payments into the existing systems of American banks and credit unions. Both parties stated that the existing technical interfaces of Stablecore cover over 3,000 American banks and credit unions, but this does not mean that all of these institutions have signed contracts with Coinbase or have already made these services available to their customers.
Service integration into existing banking platforms
According to the arrangements disclosed by both parties, the banks participating in the cooperation can provide functions such as buying and selling, holding, pledging, and stablecoin payments within their own digital banking interfaces. Coinbase provides the underlying hosting and trading infrastructure, while Stablecore is responsible for integrating these capabilities into the core banking systems, digital banking frontends, and compliance tools.
Stablecore adopts a white-label integration model, allowing banks to retain their own brands and customer interfaces without the need to replace their existing platforms. Coinbase has not yet disclosed which stablecoins or blockchain networks it will support, nor has it announced transaction fees, custody charges, staking terms, minimum balance requirements, or a unified launch time.
Early cooperation institutions have already emerged.
The Amarillo National Bank from Texas has appeared on the early advancement list for this collaboration. Public information indicates that this bank has previously participated in projects related to Stablecore and Q2. In March of this year, Q2 stated that Amarillo National Bank, Bank, of, and Utah are among the early institutions that collaborated through Q2 Innovation Studio with Stablecore.
Q2 mentioned at that time that the related integrations could support stablecoin payments and receipts, digital asset accounts with fiat currency deposit and withdrawal channels, encrypted asset mortgages, tokenized deposits, and staking rewards. These features could be applied to retail and corporate digital banking scenarios. By September 9th, Q2, also known as Stablecore, the integration of digital assets had progressed from initial development to production environment in less than 6 months.
However, the existing public information does not yet indicate that Amarillo National Bank's end-users can directly trade encrypted assets, earn staking rewards, or send stablecoins through their bank accounts. The current statements from all parties are still that the project is in progress, and the specific timeline for its launch will depend on the arrangements of each institution.
Compliance monitoring is being advanced in tandem.
In addition to bank integration, Stablecore is also enhancing its capabilities in anti-financial crime monitoring. On September 15th, the company announced a partnership with Nasdaq Verafin to combine digital asset transaction and holding data with traditional bank customer data for investigation and risk assessment purposes.
According to the disclosure, Stablecore holds information on digital asset transactions and positions, but does not save any information that can identify individual identities; banks, on the other hand, continue to retain customer and account records within their own core systems. Amarillo National Bank is also one of the customers of beta who are part of the integrated testing by Verafin. Stablecore expects that this system will be gradually rolled out to common customers from the fourth quarter of 2026 to the first quarter of 2027, with plans to subsequently add real-time sanctions screening for the recipients of digital asset transfers.
U.S. regulatory stance has become clearer
The article mentions that U.S. federal banking regulators have provided clearer guidelines regarding these services in the past year. In May 2025, the Federal Reserve Board of Governors (OCC) confirmed that national banks and federal savings associations can provide crypto custody and execute buy and sell transactions on behalf of customers; under appropriate supplier management and risk control measures, they can also outsource these services to third parties.
Earlier on, OCC also reiterated that the National Bank could engage in certain stablecoin, distributed ledger, and crypto custody activities, and abolished the requirement to obtain regulatory 'no objection' before launching these services. In April 2025, the Federal Reserve also removed the separate pre-notification requirement for state member banks to conduct crypto business, replacing it with a regular regulatory process.
Coinbase Expanding Distribution Channels for Community Banks
This is another collaboration between Coinbase and community banking channels. Just a few days ago, Coinbase also reached a partnership with Moov, planning to bring stablecoin collection, merchant settlement, payment, and real-time fund allocation capabilities to a network of over 1,000 community banks and credit cooperatives.
The infrastructure aspects covered by the two collaborations are not the same. Moov focuses more on payment acceptance, merchant settlement, and fund circulation, while Stablecore extends to transactions, custody, staking, stablecoin payments, as well as deeper connections with bank core systems.
