Tennessee Bankers Association Selects Stablecore as Digital Asset Provider for 175 Member Banks

According to Cointelegraph, the Tennessee Bankers Association selected Stablecore as its preferred digital asset technology provider on May 6 to serve approximately 175 member banks. Stablecore will provide infrastructure for stablecoins, tokenized deposits, and crypto-collateralized loans. The company develops backend systems allowing banks to issue and manage tokenized assets while handling compliance and integration with core banking systems.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Kraken '80% Ready' for IPO as MoneyGram Partnership Expands Crypto Access

Kraken co-CEO Arjun Sethi stated the cryptocurrency exchange is "80% ready" to go public, as the platform announced a new partnership with MoneyGram to address last-mile cash conversion challenges in digital asset access. IPO Readiness According to Sethi, Kraken has made substantial progress

CryptoFrontier16m ago

Ledger Integrates Hyperliquid Perps Trading in Hardware Wallets via Yield.xyz

According to The Block, Ledger has integrated Hyperliquid perps trading into its hardware wallet ecosystem via Yield.xyz, enabling users to access onchain derivatives markets with hardware-grade security. HyperLiquid is the largest onchain derivatives provider, with approximately $181 million in

GateNews37m ago

Solana and Google Cloud launch Pay.sh, AI agents can pay with stablecoins

According to Decrypt’s report on May 6, the Solana Foundation partnered with Google Cloud to launch the Pay.sh service, allowing AI agents to pay for on-demand API access costs using stablecoins on Solana, without traditional accounts or subscriptions; for each API call, agents only need to pay a fraction of a cent, with no minimum spend requirement.

MarketWhisper1h ago

Ethereum “tokenized U.S. Treasuries” market cap hits a record high of $8 billion

According to data published by Token Terminal on X on May 6, the total market value of tokenized U.S. Treasuries deployed on Ethereum has risen to about $8 billion, setting a new all-time high, with growth of approximately 100% over the past six months; the same day, Joseph Lubin, co-founder of Ethereum, said at the Consensus Miami 2026 conference in Miami that global economic tokenization is inevitable.

MarketWhisper1h ago

Kelp DAO became the first to abandon LayerZero’s main protocol and switch to Chainlink CCIP

According to The Block, on May 5, the decentralized finance lending protocol Kelp DAO announced it would stop using LayerZero as a cross-chain infrastructure provider and instead adopt Chainlink’s cross-chain interoperability protocol (CCIP). Kelp DAO is “the first major protocol to abandon LayerZero since the LayerZero vulnerability incident occurred.”

MarketWhisper1h ago

Anchorage Digital Launches Cashless Stablecoin Reserve Model on Solana

According to official announcement on May 6, Anchorage Digital, a federally chartered digital asset bank, plans to launch a Cashless stablecoin reserve model on Solana to improve liquidity, capital efficiency, and security for large-scale institutional stablecoin issuers. The model will hold reserve

GateNews2h ago
Comment
0/400
No comments