The Tennessee Bankers Association has selected Stablecore as its preferred digital asset provider.

PANews reported on May 6th that, according to Cointelegraph, the Tennessee Bankers Association has selected Stablecore as its preferred digital asset technology provider. Stablecore will provide infrastructure for stablecoins, tokenized deposits, and crypto-asset-backed loans to approximately 175 member banks, eliminating the need for banks to build their own systems. Stablecore develops the backend infrastructure, allowing banks to issue and manage tokenized assets while handling compliance and integration with core banking systems. This partnership reflects the trend of traditional financial institutions integrating crypto services through third-party providers.

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