Stablecoin solution provider Stablecore completes $20 million financing, led by Norwest

Jinse Finance reported that stablecoin solutions provider Stablecore has announced the completion of a $20 million funding round, led by Norwest, with participation from an exchange, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, and Bankers Helping Bankers Fund. Stablecore is a platform that supports community and regional banks and credit unions in offering stablecoins, tokenized deposits, and digital asset products. It can be integrated with existing bank core and digital banking services, enabling financial institutions to provide digital asset products without changing their technological infrastructure.