The Tennessee Bankers Association (TBA) has selected Stablecore as a preferred digital asset technology provider, granting over 175 member banks a path to offer stablecoin accounts, tokenized deposits, and crypto-backed lending through their existing systems. The Dallas-based company announced the endorsement on Tuesday, positioning itself as a turnkey solution for community and regional lenders seeking to enter the digital asset space without building in-house infrastructure.
Stablecore’s platform integrates with current core banking tools and compliance processes, enabling banks to provide stablecoin payments, digital asset accounts, on- and off-ramps, and asset-backed lending. TBA President and CEO Colin Barrett stated that customers would benefit from digital asset tools inside the “secure and trusted environment of their local bank.” Stablecore CEO Alex Treece emphasized the need for banks to “operationalize digital asset programs” this year to stay competitive and retain client relationships.
The Tennessee deal follows Stablecore’s recent entry into the Jack Henry Fintech Integration Network, which connects fintech firms to approximately 1,670 bank and credit union core clients and over 1,000 institutions using the Banno Digital Platform. Jack Henry noted that network membership does not imply endorsement. Stablecore has also secured preferred provider status with the Maine and Utah bankers associations, and added compliance support through a partnership with TRM Labs, bringing blockchain intelligence and risk tools into its infrastructure.
The endorsement arrives amid ongoing U.S. debates over stablecoin regulation. Banking groups have warned that yield-like rewards on stablecoins could drain deposits from traditional lenders, urging Congress to close regulatory loopholes. Crypto firms, including Coinbase, have opposed restrictions on stablecoin rewards. For smaller banks, the Stablecore deal offers a compliant way to test digital asset services without operating separate crypto systems, reflecting a broader trend of regional lenders relying on external partners rather than internal development.
