Stablecore Raises $20M to Bring Stablecoins, Tokenized Deposits and Digital Assets into Banks and Credit Unions
September 18 2025
Stablecore, the platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits and digital asset products, today announced $20 million in funding. Led by Norwest and with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund and others, which represent more than 290 limited partner banks and credit unions, this news comes at a crucial time following the passage of the GENIUS Act in July 2025.