Stablecore, a provider of digital asset core technology, has joined the Jack Henry™ Fintech Integration Network (FIN), enabling approximately 1,670 bank and credit union clients of Jack Henry, along with over 1,000 financial institutions on the Banno Digital Platform™, to integrate institutional-grade and compliant digital asset products directly into their existing core banking ecosystems.
Stablecore’s integration provides secure and direct connectivity to the SilverLake System® via jXchange™ and Symitar® via SymXchange™, facilitating a digital asset experience within the Banno Digital Platform™ and other digital banking platforms. This integration allows institutions to offer digital asset services without altering their underlying core technology, ensuring data integrity through a service layer that governs all interactions for consistent and compliant data exchange.
Through this network, banks and credit unions can now offer a range of digital asset products, including stablecoin accounts, payments, and acceptance, which support 24/7/365, instant, GENIUS-compliant stablecoin rails. Institutions can also provide digital asset accounts, such as for Bitcoin, with seamless on and off ramps directly within their digital banking interfaces, aiming to increase deposits. New lending opportunities can be pursued through digital asset-collateralized loans, and banks can support the tokenization of deposits and other assets like treasuries, loans, and securities. Additionally, clients with eligible assets, such as ETH and SOL, can earn staking rewards.
Alex Treece, co-founder and CEO of Stablecore, stated, “Banks and credit unions recognize that stablecoins and tokenized assets are the next major evolution of financial services, but they need a bridge that is compatible with their existing core banking, digital banking and other banking-specific technology and workflows. By joining the Jack Henry FIN, we are providing that bridge to allow these institutions to deliver the benefits of digital assets within the existing core and digital banking platforms they already trust.”Prior to its inclusion in FIN, Stablecore participated in the Jack Henry Vendor Integration Program (VIP). The FIN, which succeeds VIP, grants fintech companies direct access to Jack Henry’s technical resources and test systems. Jack Henry & Associates, Inc. is an S&P 500 financial technology company that serves approximately 7,400 clients, providing technology solutions to banks and credit unions. Stablecore is a digital asset core provider backed by investors including Norwest, BankTech Ventures, Curql, EJF Ventures, and Bankers Helping Bankers Fund.
