Tennessee Banks Face Digital Asset Shift After Stablecore Deal
The Tennessee Bankers Association Stablecore as its preferred digital asset technology provider, giving more than 175 member institutions access to stablecoin and digital asset infrastructure. The Dallas based company said the partnership will help Tennessee banks offer stablecoin accounts, tokenized deposits, digital asset accounts, on and off ramps, stablecoin payments and digital asset collateralized lending. Stablecore said banks can add the products without replacing their existing technology systems. The deal comes as more community and regional banks look for outside infrastructure to enter digital assets. Instead of building crypto systems internally, banks can use third party platforms that connect with their current core banking tools and compliance processes. Stablecore Deal Targets Tennessee Banks Stablecore said its platform gives banks and credit unions a way to offer digital asset products inside a regulated banking environment. The company describes itself as a digital asset core for financial institutions. Tennessee Bankers Association President and CEO Colin Barrett said banks need technology partners as customer expectations change. He said the partnership can help Tennessee banks bring digital asset services to customers through local institutions they already know. Stablecore CEO and co founder Alex Treece said the endorsement gives Tennessee banks a path to launch digital asset products as the sector
