- Coinbase and Stablecore are teaming up to help community and regional banks and credit unions offer digital asset services, including trading, custody, and stablecoin payments.
- The partnership reflects the broader rebundling of financial services, bringing capabilities that once required separate crypto platforms back inside customers’ existing banking relationships.
- Coinbase is positioning itself to benefit either way; it can either own the customer relationship, or it can provide the infrastructure that allows banks to retain it.
Crypto exchange platform Coinbase is teaming up with crypto and DeFi banking infrastructure company Stablecore to help banks and credit unions offer digital asset services through their existing banking platforms.
Under the agreement, Coinbase will tap Stablecore’s expertise to bring digital asset services such as trading, custody, and stablecoin payments to Stablecore’s 3,000+ bank and credit union partners. The goal of the solution is to help traditional financial institutions offer regulated digital asset products without rebuilding their infrastructure. Crucially, the new launch also allows bank customers and credit union members to participate in the decentralized economy without having to leave their existing banking platform.
“Community banks and credit unions shouldn’t have to choose between staying local and staying current,” said Coinbase Head of Infrastructure Business Alec Lovett. “Together with Stablecore we are helping put them on the cutting edge of payments technology—cheaper, faster money movement, and the tools they need to stay strong for the communities they serve.”
Founded in 2025, Stablecore exclusively serves community and regional banks and credit unions. The Texas-based fintech offers white-labeled solutions that integrate into existing banking technology to bring together all of the necessary components so financial institutions can offer tokenized deposits, stablecoins, and digital asset products.
Among the financial institutions piloting the digital asset offering is Amarillo National Bank. Leveraging the new tool, the Texas-based bank can offer digital asset services under its own brand and on its own terms, while keeping deposit and lending relationships within local institutions.
“Banks and credit unions should not have to move to completely new technology platforms to support digital assets for their clients,” said Stablecore Co-Founder and CEO Alex Treece. “We built Stablecore to bring together all of the pieces so they don’t have to.”
The partnership is another example of how firms are rebundling financial services across the industry. Digital assets initially developed largely outside the traditional banking ecosystem, requiring consumers to establish separate relationships with crypto exchanges and wallets. Infrastructure providers like Stablecore are helping reverse that fragmentation by bringing those capabilities back inside the bank. The rebundling will offer community financial institutions an opportunity to remain the primary financial relationship by incorporating new products, especially as customer expectations evolve.
What’s interesting here is who is offering banks access to crypto. As a third-party fintech, Coinbase competes directly with this product. Consumers could go directly to Coinbase for digital assets, but the fintech is also making its capabilities available through banks so that the bank can retain the interface and relationship. In that sense, Coinbase is positioning itself to benefit from the rebundling trend rather than fight it. If consumers increasingly prefer to access digital assets alongside their other financial products, Coinbase doesn’t necessarily need to own the customer relationship; it can own the infrastructure powering it. For banks, the partnership offers another way to defend their position as the place where customers manage their broader financial lives.
