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Tennessee Bankers Association names Stablecore as preferred digital asset provider

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 128 Views

Tennessee Bankers Association names Stablecore as preferred digital asset provider

Regional lenders gain access to infrastructure for stablecoins, tokenized deposits and crypto-backed lending without building systems in-house, signaling wider bank adoption.

The Tennessee Bankers Association (TBA), a trade group representing the state’s commercial banks, has selected Stablecore as a preferred technology provider for digital asset services, highlighting growing interest among regional lenders in crypto infrastructure.

In a Tuesday announcement, the TBA said Stablecore will provide infrastructure that enables community and regional banks to offer products such as stablecoins, tokenized deposits and digital asset-backed lending through their existing systems.

The endorsement gives Stablecore exposure to the association’s roughly 175 member institutions, potentially accelerating adoption among smaller banks that lack in-house digital asset capabilities.

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