Crypto: Stablecore's Jack Henry Integration Opens Stablecoins To 1,600 Banks
Banks and credit unions on the Jack Henry Fintech Integration Network can add tokenized deposits, crypto lending and 24/7 payment rails through the partnership.
Stablecore, a digital asset infrastructure company, has joined the Jack Henry Fintech Integration Network, enabling banks and credit unions on the platform to offer stablecoin and tokenized asset services through their existing systems.
Jack Henry supplies core processing and digital banking technology to approximately 1,670 banks and credit unions in the United States. Many of those institutions also rely on its Banno Digital Platform, which powers online and mobile banking services for more than 1,000 financial institutions.
On Monday, Stablecore said the integration will connect blockchain-based products to traditional core banking infrastructure.
Participating institutions could roll out stablecoin accounts with 24/7 payment capabilities, crypto on- and off-ramps for assets such as Bitcoin (BTC), digital asset–backed lending, tokenized deposits and staking features where permitted.
Embedding these services within existing banking apps would reduce reliance on standalone wallets or external crypto platforms. It also reflects a broader shift toward incorporating blockchain-based assets into regulated financial channels as demand for compliant, onchain cash-management tools continues to grow.
Related: Wall Street’s crypto debate is over as banks go all-in on BTC, stablecoins, tokenized cash
As Cointelegraph reported, Stablecore raised $20 million last year to help smaller banks and credit unions integrate digital asset services, especially stablecoins, following the passage of the landmark US GENIUS Act, which established a federal framework for payment stablecoins.
Stablecore is part of a growing cohort of companies building stablecoin infrastructure to expand access to digital dollars. Proponents argue stablecoins can reduce settlement times, cut cross-border payment costs and provide uninterrupted transfer capabilities compared to traditional banking rails.
Momentum has been building across both fintech and traditional finance.
Source: CoinTelegraph
