U.S. community bank Stablecore completes $20 million financing, with participation from Coinbase Ventures and others

ChainCatcher news, Stablecore announces the completion of a $20 million financing round, with investors including Norwest, Coinbase Ventures, Curql, BankTech Ventures, and others.

Stablecore provides stablecoin, tokenized deposits, and digital asset solutions for community and regional banks and credit unions in the United States, with a platform that can seamlessly integrate with existing banking systems. The company states that the funding will be used to expand its customer base and team size, helping traditional financial institutions engage in digital asset-related businesses.