Stablecore, a digital asset infrastructure company, has integrated with the Jack Henry Fintech Integration Network, allowing banks and credit unions on the platform to offer stablecoin and tokenized asset services through their existing systems. According to Cointelegraph, Jack Henry provides core processing and digital banking technology to around 1,670 banks and credit unions in the United States. Many of these institutions also utilize its Banno Digital Platform, which supports online and mobile banking services for over 1,000 financial institutions.
On Monday, Stablecore announced that this integration will link blockchain-based products to traditional core banking infrastructure. Participating institutions could introduce stablecoin accounts with 24/7 payment capabilities, crypto on- and off-ramps for assets like Bitcoin (BTC), digital asset-backed lending, tokenized deposits, and staking features where permitted. Embedding these services within existing banking apps aims to reduce reliance on standalone wallets or external crypto platforms. This move reflects a broader trend of incorporating blockchain-based assets into regulated financial channels as demand for compliant, onchain cash-management tools continues to rise.
Stablecore is part of a growing group of companies developing stablecoin infrastructure to broaden access to digital dollars. Proponents argue that stablecoins can decrease settlement times, lower cross-border payment costs, and provide uninterrupted transfer capabilities compared to traditional banking systems. Momentum has been building across both fintech and traditional finance sectors. Last week, payments operations provider Modern Treasury launched an integrated payment service supporting stablecoin transactions alongside wire and ACH transfers through a partnership with the Paxos network, indicating greater interoperability between blockchain-based dollars and legacy payment systems.
After a period of rapid growth, stablecoin issuance has stabilized in recent months, remaining just above $300 billion. Meanwhile, asset management giant Fidelity Investments has introduced the Fidelity Digital Dollar, a stablecoin set to launch this month, designed to facilitate faster and more efficient international settlements. Large banks are also exploring in-house issuance, with Citigroup executives publicly discussing the possibility of launching a native stablecoin as financial institutions seek to modernize cross-border payments and liquidity management.