ShredPay, a platform focused on stablecoins and digital asset management, has joined Jack Henry’s fintech integration network, according to Techub News, citing NewsBTC. The partnership was announced on Sept. 21 and will use the jXchange and SymXchange APIs to connect ShredPay’s stablecoin and digital asset services with about 7,400 banks and credit unions served by Jack Henry. ShredPay said the integration is designed to lower the technical barriers financial institutions face when adding digital asset capabilities to their existing core banking systems. The company also framed the move as an effort to bring stablecoins into traditional banking workflows for payments and settlement. The announcement centers on infrastructure access rather than a new consumer-facing product, with the stated focus on helping banks and credit unions connect digital asset services through established banking system interfaces.
ShredPay, a stablecoin and digital asset management platform, has joined Jack Henry’s fintech integration network, according to Techub News, citing NewsBTC.
The partnership was announced on Sept. 21. Through the jXchange and SymXchange APIs, about 7,400 banks and credit unions served by Jack Henry will be able to connect to ShredPay’s stablecoin and digital asset services.
ShredPay said the integration is meant to reduce the technical barriers financial institutions face when connecting digital asset services to their existing core banking systems. The company described the move as an attempt to introduce stablecoins into traditional banking workflows as infrastructure for payments and settlement.
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