Nasdaq Verafin and Stablecore to merge banking and crypto data to fight money laundering
- —Stablecore feeds transaction data into Nasdaq Verafin for a single client profile
- —Real-time sanctions screening of crypto transfer recipients is planned
- —A pilot launched at Amarillo National Bank, with mass rollout from Q4 2026
- —Stablecore's digital asset market is valued at about $2.4 trillion
Why it matters: Banks gain a tool to monitor stablecoins and tokenized deposits, lowering barriers to their legal launch.
Source: Yahoo Finance Crypto