Q2 Holdings, Inc., a provider of digital transformation solutions for financial services, announced a partnership with Stablecore, a digital asset platform, to enable banks and credit unions to offer stablecoins, tokenized deposits, and other digital asset products. This collaboration aims to provide financial institutions with a streamlined integration path for emerging digital asset capabilities.
Amarillo National Bank and Bank of Utah are among the initial institutions engaging with Stablecore through Q2. As the adoption of stablecoins increases and regulatory clarity improves, financial institutions are evaluating how digital asset infrastructure can operate within regulated banking environments. The primary challenge for most institutions has been the complex infrastructure required to support digital asset offerings compliantly and at scale.
Stablecore’s integration with the Q2 Innovation Studio facilitates the implementation of these capabilities. The Q2 Innovation Studio is designed to reduce the cost, complexity, and time associated with fintech integrations by pre-integrating innovative solutions into the Q2 Digital Banking Platform. This allows banks and credit unions to explore and integrate digital asset capabilities within their existing digital banking environments responsibly.
Anthony Ianniciello, VP of Product Management at Q2, stated, “Stablecoins and digital assets are moving from theoretical conversations to practical evaluation within mainstream banking. Our role is to help banks and credit unions introduce these capabilities thoughtfully and responsibly. By partnering with Stablecore, we are enabling financial institutions to assess how digital asset infrastructure can support their long-term strategy and ultimately deliver those capabilities to their account holders.”
Through this partnership, financial institutions utilizing the Q2 Digital Banking Platform can implement targeted workflows for various use cases. These include stablecoin payments and acceptance, digital asset accounts with on and off ramps, digital asset-collateralized lending, tokenized deposits, staking rewards, and other digital asset innovations across both retail and commercial digital experiences. Q2 aims to help financial institutions participate in emerging technologies without the burden of building and maintaining digital asset infrastructure independently.
Alex Treece, CEO and co-founder of Stablecore, commented, “The growth of stablecoins, digital assets and blockchain-based infrastructure is reshaping the role that banks and credit unions play in the broader financial ecosystem. Our partnership with Q2 brings compliant digital asset infrastructure into a platform that hundreds of institutions already trust, making it significantly easier to implement stablecoin and digital asset products.”
The integration is part of Q2 Innovation Studio, which offers tools and programs for banks, credit unions, and fintech partners to build, extend, and innovate within the Q2 Digital Banking Platform.
Branden P. Hansen, President of Bank of Utah, said, “At Bank of Utah, we believe innovation matters most when it truly serves our clients. For over 70 years, we have provided the stable, trusted environment our clients count on to meet their financial needs. Our partnership with Q2 and Stablecore allows us to explore meaningful digital asset use cases while we continue building new solutions that help unlock our clients’ potential.”
Stablecoin and tokenized deposit capabilities offer financial institutions an opportunity to extend 24/7 settlement models, support evolving treasury needs, and strengthen deposit relationships while maintaining regulatory oversight, particularly as competition intensifies from fintechs, large national banks, and crypto-native firms. Stablecore’s addition to the Q2 Innovation Studio’s fintech partner ecosystem reinforces Q2’s commitment to providing flexible pathways for banks and credit unions to evaluate emerging technologies.
