Key Insights
- Stablecore’s 3,000-plus figure represents technology reach, not 3,000 Coinbase contracts.
- Amarillo National Bank provides an early example of the infrastructure moving toward production.
- Coinbase can supply digital asset infrastructure while banks retain the customer-facing relationship.
Coinbase’s Stablecore partnership is expanding digital asset infrastructure across US community banks and credit unions. Announced September 16, the deal lets participating institutions offer crypto services through existing banking systems without replacing their core platforms.
The arrangement connects Coinbase custody and exchange infrastructure with Stablecore’s banking technology layer. Stablecore says its integrations reach systems used by more than 3,000 US banks and credit unions. However, that figure does not represent 3,000 signed Coinbase customers.
Crypto and stablecoins are coming to your local bank app.
We're partnering with Stablecore to integrate regulated digital asset custody, trading, and payments into thousands of community banks and credit unions.
Finance is moving onchain – banks included. pic.twitter.com/SwDmrF0S1V
— Coinbase 🛡️ (@coinbase) September 17, 2026
Coinbase connects crypto with existing banks
The Coinbase Stablecore partnership creates three distinct roles across the banking technology stack. Banks retain their customer relationships and branding, while Stablecore manages integration across banking and compliance systems.
Coinbase supplies the underlying digital asset infrastructure for participating institutions. Customers could eventually buy, sell, hold, stake and make digital asset payments through their regular banking experience.
Stablecore operates as a white-label layer between financial institutions and outside digital asset infrastructure. Therefore, customers may not need a separate crypto platform when banks activate these services.
The companies have not disclosed supported blockchains, stablecoins, fees or staking conditions. They also have not announced a broad customer launch date.
Alec Lovett, Coinbase’s head of infrastructure business, said community banks should not have to choose between local relationships and new technology. Stablecore CEO Alex Treece similarly said banks should not need completely new technology platforms to support digital assets.
Amarillo National Bank Leads Early Integration
The rollout already includes Amarillo National Bank in Texas, which has appeared in several Stablecore initiatives. Q2 identified Amarillo and Bank of Utah as early institutions working with Stablecore through its Innovation Studio in March.
That earlier integration supported potential stablecoin payments, digital asset accounts and crypto-backed lending. It also covered tokenized deposits and staking rewards within retail and commercial banking experiences.
By September 9, Q2 said Stablecore’s digital asset integration had reached production in under six months. The platform provides a native connection inside Q2’s digital banking environment.
The Coinbase Stablecore partnership adds Coinbase’s custody and exchange infrastructure to that broader technology framework. Still, Coinbase has not specified which services Amarillo has activated for its customers.
Public announcements also do not confirm whether Amarillo customers currently trade crypto or use staking services. Instead, the companies describe the bank’s implementation as ongoing.
Compliance Infrastructure Moves Alongside Crypto
Stablecore expanded its compliance capabilities one day before announcing the Coinbase agreement. On September 15, the company announced an integration with Nasdaq Verafin for financial crime monitoring.
The system combines digital asset transaction information with traditional banking data for investigations and risk assessment. Stablecore retains digital asset transaction and position information without storing personally identifiable information.
Meanwhile, banks retain customer and account records within their existing core systems. The two data sets can then move into Verafin for monitoring and investigation.
Amarillo National Bank also participates as a beta customer for the Verafin integration. Stablecore expects the system to reach mutual customers during the fourth quarter of 2026 and first quarter of 2027.
The companies also plan real-time sanctions screening for recipients of digital asset transfers after the initial rollout.
William Ware, Amarillo National Bank’s president, said customers increasingly want access to emerging payment methods. He also highlighted the need for visibility across traditional and digital asset activity.
Regulation opens more banking routes
The Coinbase Stablecore partnership arrives after several US banking regulatory changes involving digital assets. In May 2025, the OCC confirmed that national banks could provide crypto custody services.
The agency also confirmed that banks could execute customer-directed crypto purchases and sales. Banks can use third-party providers for permissible activities when they maintain suitable risk controls.
Earlier, the OCC removed a supervisory non-objection requirement covering certain crypto custody and stablecoin activities. The Federal Reserve also withdrew a separate advance-notification expectation for state member banks in April 2025.
December 2025 OCC guidance later addressed riskless-principal crypto transactions. However, regulatory permission does not automatically allow every institution to offer every digital asset product
Charter type, state requirements, bank policies and product structures can affect individual offerings.
On September 10, Coinbase also announced its own collaboration with Moov. The deal focuses on payment with stablecoins, merchant settlement as well as real-time funding for over 1,000 community banks and credit unions.
The Stablecore deal reaches further into trading, custody, staking and banking-system integration. Together, the arrangements show Coinbase pursuing multiple routes into traditional financial distribution.
The key transition is that customers are going to where assets are placed digitally. Rather than trying to steer customers to other crypto platforms, banks may be able to integrate them into their existing relationships.
That means that bank-embedded digital assets are an opportunity for Coinbase and Stablecore. The model will allow smaller institutions to access crypto capabilities without having to rebuild their technology stacks.
This approach also provides a new form of distribution for Coinbase that is outside of its consumer platform. It provides a pathway for banks to continue to serve customers with digital assets while providing a potential avenue to stay within current customer relationships with the banks.
