
Coinbase and Stablecore to connect crypto services to 3,000+ US banks
- —Stablecore will connect Coinbase's infrastructure to banks' core banking and compliance systems
- —Stablecore's network covers more than 3,000 US financial institutions
- —Available services include custody, trading, staking, and stablecoin payments
- —Amarillo National Bank in Texas is already implementing the joint technology
Why it matters: Banks gain crypto services without building their own infrastructure, expanding access to digital assets for clients of traditional financial institutions.
Source: The Crypto Times