Tennessee Bankers Association Selects Stablecore for Digital Asset Infrastructure

The banking trade group chose Stablecore as a preferred provider for about 175 member banks, covering stablecoins, tokenized deposits, crypto-backed lending, compliance, and core banking integration.

CORE

Summary

The Tennessee Bankers Association, a banking trade group in Tennessee, selected Stablecore as its preferred digital asset technology provider for roughly 175 member banks. Under the arrangement, Stablecore will supply infrastructure for stablecoins (digital tokens designed to hold a fixed value), tokenized deposits (bank deposits represented on blockchain rails), and crypto-backed lending (loans secured by digital assets). The company will also manage compliance and integration with core banking systems, two functions that are central to how banks adopt digital asset services within existing operational and regulatory frameworks.

Terms & Concepts
  • Stablecoins: Digital tokens designed to maintain a stable value, usually by being pegged to a fiat currency such as the U.S. dollar.
  • Tokenized deposits: Traditional bank deposits represented digitally on blockchain-based infrastructure, allowing regulated institutions to move deposits using tokenized formats.
  • Crypto-backed lending: A form of lending in which digital assets are pledged as collateral for a loan.