Coinbase connects crypto services to 3,000+ U.S. banks

Coinbase has announced a Sept. 16 partnership with Stablecore to embed crypto trading, custody, staking and stablecoin payments into banking systems whose integration footprint reaches more than 3,000 U.S. banks and credit unions.

Coinbase said the partnership is already underway with institutions including Amarillo National Bank in Texas, while Stablecore will connect Coinbase’s digital asset infrastructure to the core banking, digital banking and compliance systems used by participating financial institutions.

The announcement does not say that 3,000 banks have signed contracts with Coinbase. Stablecore says its existing integrations reach technology systems used by more than 3,000 U.S. banks and credit unions, giving participating institutions a route to add digital asset products without replacing their existing banking platforms.

Coinbase services will sit inside existing bank platforms

Through the partnership, participating bank and credit union customers could buy, sell, hold, stake and make payments with digital assets through their normal banking experience. Coinbase provides the underlying custody and exchange infrastructure, while Stablecore manages the connection between that infrastructure and each institution’s technology stack.

Stablecore’s role covers orchestration between core banking systems, customer-facing digital banking software and compliance tools. Its platform is designed as a white-label layer, allowing a financial institution to retain its own brand and customer interface while using outside infrastructure for digital asset functions.

Coinbase has not identified the stablecoins or blockchain networks that participating institutions will support. The Sept. 16 announcement does not publish transaction fees, custody charges, staking terms, minimum balances or a general customer launch date.

Alec Lovett, Coinbase’s head of infrastructure business, said “Community banks and credit unions shouldn’t have to choose between staying local and staying current.” Coinbase presents the arrangement as infrastructure for smaller financial institutions seeking crypto services without building their own custody, trading and blockchain systems.

Stablecore CEO Alex Treece said banks should be able to add the products without moving to completely different technology platforms. His company focuses exclusively on regional banks, community banks and credit unions.

Amarillo National Bank is part of the early integration work

Amarillo National Bank appears across several Stablecore projects already moving toward production. In March, Q2 announced that Amarillo National Bank and Bank of Utah were among the early institutions working with Stablecore through Q2 Innovation Studio.

Q2 said the integration can support stablecoin payments and acceptance, digital asset accounts with fiat on- and off-ramps, crypto-backed lending, tokenized deposits and staking rewards. The capabilities can appear inside both retail and commercial digital banking experiences.

By Sept. 9, Q2 reported that Stablecore’s digital asset integration had moved from initial development into production in less than six months. Q2 described it as a native connection inside its digital banking platform.

Coinbase’s Sept. 16 release goes a step further by identifying Coinbase as the provider of underlying custody and exchange infrastructure within Stablecore’s offering. It does not specify which Coinbase services Amarillo National Bank has already activated for end customers.

No public announcement reviewed for this report confirms that Amarillo customers can currently trade crypto, earn staking rewards or send stablecoins through their bank accounts. The companies describe implementation as underway, leaving the exact customer-facing launch stage dependent on the individual institution.

Stablecore is adding crypto monitoring through Verafin

Compliance infrastructure is developing alongside the banking integrations. Stablecore announced a Sept. 15 partnership with Nasdaq Verafin that combines digital asset transaction information with traditional bank customer data for financial-crime monitoring.

Under that structure, Stablecore holds digital asset transaction and position information without storing personally identifiable information. The bank keeps its customer and account records in its core system, while both sets of information flow into Verafin for investigation and risk assessment.

Amarillo National Bank is among the beta customers testing the Verafin integration. Stablecore expects the system to reach mutual customers during the fourth quarter of 2026 and first quarter of 2027, with real-time sanctions screening for recipients of digital asset transfers planned after the initial integration.

William Ware, president of Amarillo National Bank, said “Our customers want access to emerging payment methods” while the bank seeks to maintain visibility across traditional and digital asset activity. The Verafin beta is separate from Coinbase’s custody and exchange role, although both sit within Stablecore’s developing bank technology stack.

U.S. rules allow banks to use third-party crypto providers

Federal banking regulators have clarified several activities relevant to the Coinbase and Stablecore model.

The OCC confirmed in May 2025 that national banks and federal savings associations may provide crypto custody and execute customer-directed purchases and sales. Banks can outsource permissible crypto activities to third parties when they maintain appropriate vendor and risk controls.

Two months earlier, the OCC reaffirmed that national banks may conduct certain stablecoin, distributed-ledger and crypto custody activities. The agency removed an earlier requirement that OCC-supervised banks obtain supervisory non-objection before starting those activities, while retaining normal safety, soundness and compliance expectations.

The Federal Reserve withdrew its separate advance-notification expectation for state member banks in April 2025. Crypto activities now fall within its regular supervisory process, though institutions still have to comply with applicable laws and maintain appropriate controls.

OCC guidance later confirmed that national banks may conduct riskless-principal crypto trades, where the bank facilitates a customer transaction while entering an offsetting transaction instead of keeping the asset in inventory. The December 2025 guidance maintained the requirement for safe and sound operation.

Regulatory permission does not mean every community bank can activate every Stablecore or Coinbase feature automatically. Charter type, state rules, bank policies, customer eligibility and individual product design can change what each institution offers.

Coinbase now has two community-bank distribution deals

The Stablecore agreement follows another Coinbase community-bank partnership announced six days earlier.

As crypto.news reported in its Coinbase-Moov coverage, Coinbase and Moov are working to bring stablecoin acceptance, merchant settlement, payouts and real-time funding to a network of more than 1,000 community banks and credit unions.

The two arrangements cover different parts of banking infrastructure. Moov focuses on payment acceptance, merchant settlement and funding through its payments stack, while Stablecore’s announced product set reaches trading, custody, staking, stablecoin payments and integration with core and compliance systems.

Related coverage of Coinbase’s OCC trust approval reported in April that Coinbase had received conditional approval for a national trust bank charter, with community banking groups objecting to the regulator’s decision. The Stablecore announcement identifies Coinbase as the regulated digital asset infrastructure provider but does not specify which Coinbase legal entity will provide each service to each participating institution.

Stablecore’s March Q2 announcement named Amarillo National Bank and Bank of Utah as early institutions evaluating its infrastructure, while the Sept. 16 Coinbase release names only Amarillo in connection with the new partnership. Neither company has disclosed how many banks have completed Coinbase-enabled deployment, transaction volumes from early implementations or a deadline for opening the full product set to customers.