Led by Norwest and with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund and others, which represent more than 290 limited partner banks and credit unions, this news comes at a crucial time following the passage of the GENIUS Act in July 2025.

Stablecore is the platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits and digital asset products. Its 'digital asset core' allows financial institutions to own and manage digital asset products by unifying the critical components into a single offering that easily integrates with banking cores, digital banking and the existing banking technology stack.