Nasdaq Verafin and Stablecore Bridge Fiat and Crypto Compliance Gap Ahead of Clarity Act Vote

Nasdaq Verafin and Stablecore have partnered to bridge the visibility gap between traditional fiat banking and on-chain digital asset transactions. By unifying these data streams, financial institutions can now monitor stablecoins and tokenized deposits alongside legacy accounts, closing a critical loophole that criminals exploit when moving funds between traditional and decentralized financial ecosystems.

What was announced

The collaboration integrates Stablecore’s digital asset infrastructure directly into the Nasdaq Verafin anti-financial crime platform. This allows banks and credit unions to offer services like stablecoins and tokenized deposits while maintaining a consolidated view of risk. The system works by pulling digital asset transaction data from Stablecore—which houses holdings and transaction information without storing personally identifiable information—and merging it with customer data from the bank’s core system within the Verafin environment. Data from both sources is consolidated into a single customer profile for investigation and risk assessment.

The partnership addresses a market that has surged to approximately $2.4 trillion in value, more than doubling since the range recorded in late 2022 to early 2023. By centralizing these flows, investigators can track money moving on- and off-chain within a single interface. Beyond transaction monitoring, the two firms will partner to offer real-time sanctions screening for counterparties receiving digital asset transfers. This capability will integrate into Nasdaq Verafin’s existing sanctions screening program to protect against digital asset-specific risks.

The integration is currently in beta with select customers, including Amarillo National Bank. A broader rollout to mutual customers of Nasdaq Verafin and Stablecore is scheduled for the fourth quarter of 2026 and the first quarter of 2027.

"Criminals increasingly move between on-chain and off-chain channels to obscure their activity and avoid detection," said Rob Norris, SVP, Head of Product Strategy, Nasdaq Verafin. "By integrating Stablecore’s digital asset infrastructure with Nasdaq Verafin’s holistic financial crime management technology platform, we are giving financial institutions visibility into the full scope of their customers’ transactions, so that criminals cannot hide no matter where they move money."

Rob Norris, SVP, Head of Product Strategy, Nasdaq Verafin.

The companies involved

Nasdaq Verafin is a major player in the anti-financial crime space, providing cloud-based software that helps thousands of financial institutions detect, investigate, and report money laundering and fraud. The company’s platform is designed to consolidate various data points into a holistic view of customer behavior, a capability that has become increasingly vital as payment methods diversify and the speed of transactions increases.

Stablecore provides the underlying infrastructure that allows traditional financial institutions, such as banks and credit unions, to offer digital asset services like stablecoins and tokenized deposits within their existing systems. The company focuses on enabling these services without requiring a complete overhaul of a bank's core technology, acting as a bridge between legacy ledgers and blockchain technology. Stablecore has gained traction among regional and community financial institutions looking to modernize their payment capabilities while maintaining high standards for compliance and fraud detection. By providing the secure infrastructure for digital asset holdings, Stablecore allows institutions to meet consumer demand for emerging payment methods while keeping customer and account data within the bank’s core banking system.

What FF News has reported before

FF News has closely followed the evolution of both companies as they expand their technological footprints. In August 2026, we reported on how D-Wave and Nasdaq Verafin Partner to Combat Financial Crime Using Quantum Computing, signaling Verafin's move toward high-performance computing solutions. This followed the announcement that Nasdaq Verafin Partners with Q6 Cyber to Tackle Dark Web Fraud Intelligence, further bolstering its data sources. Stablecore has also seen significant momentum, notably when the Nebraska Bankers Association Endorses Stablecore for State-Wide Digital Asset Rollout, marking a major milestone for the adoption of tokenized deposits in the United States.

What this means

This partnership signals a shift in the "de-risking" debate that has long plagued the digital asset sector. For years, traditional banks avoided crypto-adjacent services due to the "blind spot" created by on-chain transactions. By bringing these flows into the same monitoring environment as fiat, Nasdaq Verafin is effectively neutralizing the primary compliance argument against bank-led digital asset services. This puts significant pressure on pure-play crypto compliance firms that lack deep integration with traditional core banking systems. The industry is moving toward a reality where digital asset compliance is no longer a separate silo, but a standard feature of any robust AML program.