Stablecore, a provider of digital asset solutions for U.S. community banks, has completed a $20 million funding round. Key investors include Norwest, Coinbase Ventures, Curql, and BankTech Ventures. The company plans to use the funds to expand its client base and team, and to assist traditional financial institutions in developing digital asset-related services. Stablecore's platform offers stablecoin and tokenized deposit solutions that integrate with existing banking systems.
Stablecore Secures $20 Million Funding with Coinbase Ventures' Backing
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