Q2 Holdings Inc., a digital banking technology provider for banks and credit unions, has partnered with Stablecore to enable financial institutions to offer stablecoins, tokenized deposits and other digital asset capabilities. The integration allows financial institutions using Q2's platform to access Stablecore's digital asset infrastructure within their existing digital banking environments.
The partnership integrated Stablecore into Q2 Innovation Studio, a program that allows banks and credit unions to add fintech tools to the Q2 Digital Banking Platform.
"Stablecoins and digital assets are moving from theoretical conversations to practical evaluation within mainstream banking," Anthony Ianniciello, vice president of product management at the Austin, Texas-based Q2, said. "Our role is to help banks and credit unions introduce these capabilities thoughtfully and responsibly. By partnering with Stablecore, we are enabling financial institutions to assess how digital asset infrastructure can support their long-term strategy and ultimately deliver those capabilities to their account holders."
Through the partnership, financial institutions using the Q2 Digital Banking Platform can offer services such as stablecoin payments, digital asset accounts, digital asset-collateralized lending, tokenized deposits, and staking rewards across retail and commercial banking.
"The growth of stablecoins, digital assets and blockchain-based infrastructure is reshaping the role that banks and credit unions play in the broader financial ecosystem," Alex Treece, CEO and co-founder of Stablecore, said. "Our partnership with Q2 brings compliant digital asset infrastructure into a platform that hundreds of institutions already trust, making it significantly easier to implement stablecoin and digital asset products."
Financial institutions have been exploring stablecoin and tokenized deposit capabilities as tools that could support services such as 24/7 settlement and evolving treasury management needs. Stablecore was the latest fintech partner added to the Q2 Innovation Studio ecosystem.
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