"Stablecore integrates with Jack Henry Fintech Network, empowering US banks and credit unions to offer stablecoin & tokenized asset services via existing s
Digital asset infrastructure firm Stablecore has announced its integration into the Jack Henry Fintech Integration Network, enabling US banks and credit unions to offer stablecoin and tokenized asset services through their existing systems. This move, set to connect blockchain-based products to traditional core banking infrastructure, could potentially lead to the rollout of 24/7 payment capabilities for stablecoin accounts, crypto on- and off-ramps for assets like Bitcoin (BTC), digital asset–backed lending, tokenized deposits, and staking features where allowed.
The integration aims to reduce reliance on standalone wallets or external crypto platforms by embedding these services within existing banking apps. This development reflects a broader shift towards incorporating blockchain-based assets into regulated financial channels as demand for compliant, onchain cash management tools continues to grow.
Stablecore's integration follows their $20 million fundraising last year, aimed at helping smaller banks and credit unions integrate digital asset services, particularly stablecoins, following the passage of the US GENIUS Act. The company is part of a growing cohort of firms building stablecoin infrastructure to expand access to digital dollars.
Proponents argue that stablecoins can reduce settlement times, cut cross-border payment costs, and provide uninterrupted transfer capabilities compared to traditional banking rails. Momentum has been building across both fintech and traditional finance, with companies like Modern Treasury introducing integrated payment services supporting stablecoin transactions alongside wire and ACH transfers through a partnership with the Paxos network.
In a significant development towards enhancing interoperability between digital currencies and traditional payment systems, Fidelity Investments unveils the Fidelity Digital Dollar – a stablecoin set to launch this month. The initiative aims to streamline international settlements and modernize cross-border payments and liquidity management.
The announcement comes amidst a plateau in stablecoin issuance, with total assets hovering around $300 billion over the past few months, according to MacroMicro reports. This development indicates a shift in focus from rapid growth to improving efficiency and interoperability within the digital currency sector.
Meanwhile, major banks are exploring the potential of in-house stablecoin issuance, with Citigroup executives discussing publicly the possibility of launching a native stablecoin. The move reflects the growing need for financial institutions to adapt and modernize their cross-border payment systems.
In a related development, USDCx has appeared on Aleo, a privacy-focused blockchain, signaling growing interest from such platforms in gaining access to stablecoins. This integration could potentially enhance the privacy and security features offered by these blockchains while maintaining the stability associated with stablecoin assets.
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