Stablecore raises $20M with Coinbase Ventures to connect stablecoins to banks
- —The $20 million round closed on September 16, 2025, led by Norwest Venture Partners
- —The platform is integrated with Q2 and Jack Henry, covering about 1,600 financial institutions
- —A partnership with Nasdaq Verafin will extend AML and anti-fraud monitoring to stablecoins
- —The round came after the GENIUS Act was passed in July 2025
Why it matters: Stablecoin infrastructure is reaching US community banks, expanding the channels for using digital dollars.
Source: Crypto Briefing