The Tennessee Bankers Association has chosen Stablecore as a preferred digital asset technology provider, giving its member banks a way to add stablecoin services, tokenized deposits, and crypto-backed lending through their current banking systems. The decision gives Stablecore a route into more than 175 member institutions, while offering regional banks a path into digital assets without building separate infrastructure from scratch.
In a Tuesday announcement, Stablecore said the partnership will allow Tennessee banks to place digital asset products inside existing banking environments. Its product stack includes stablecoin accounts, payment acceptance, digital asset accounts, on- and off-ramps, tokenized deposits, and asset-backed lending. The arrangement reflects a practical model: banks can test and launch new offerings by plugging into an outside platform instead of developing a full in-house crypto system.
Digital asset tools are being routed through existing bank infrastructure
Tennessee Bankers Association President and CEO Colin Barrett said infrastructure partners matter as banks respond to changing customer demand. He said customers would gain access to digital asset tools within the “secure and trusted environment of their local bank.” Stablecore CEO and co-founder Alex Treece said banks need a compliant way to offer these services, adding that “operationalizing digital asset programs” is an important step this year for institutions trying to retain customers.
The message from the deal is clear. Regional and community banks are looking for external providers that can shorten deployment time and reduce the burden on internal teams. For smaller institutions without large technology groups, that model is easier to execute.
Stablecore is widening its reach through banking networks
The Tennessee partnership follows Stablecore’s entry into the Jack Henry Fintech Integration Network. That network is designed to help fintech firms connect more quickly with Jack Henry’s bank and credit union core clients. Jack Henry said the program supports direct fintech connectivity to its core platforms and helps banks launch new services faster, while also noting that network membership does not mean Jack Henry recommends or endorses every fintech product.
In an earlier announcement, Stablecore said the Jack Henry connection gave it access to about 1,670 bank and credit union core clients. It also linked the company to more than 1,000 institutions using the Banno Digital Platform. Combined with the Tennessee Bankers Association relationship, that extends Stablecore’s footprint across banking channels.
Debate over stablecoin rewards is still unresolved
The bank endorsement comes while U.S. lawmakers continue negotiating digital asset market structure and stablecoin rules. One of the central disputes is whether stablecoin rewards could pull deposits away from traditional lenders. Related coverage said banking groups warned that a loophole around stablecoin yield could drain deposits from Main Street banks, and urged Congress to close routes that let crypto platforms offer yield-like rewards through third parties.
Another report said Coinbase opposed Senate language that could restrict stablecoin rewards. Banking groups argued those rewards may weaken deposit bases, while crypto firms said rewards remain part of their business model. Until those policy questions are settled, infrastructure providers such as Stablecore are giving smaller banks a way to test digital asset services without operating standalone crypto systems.