Stablecore has joined the American Fintech Council (AFC), an industry association that represents fintech companies and innovative banks focused on responsible financial technology. The announcement was made on September 17, 2025.
Stablecore provides a platform that enables regional and community banks and credit unions to offer stablecoins, tokenized deposits, and digital asset products within their existing banking systems. The company emphasizes regulatory compliance as a core feature of its offerings.
Phil Goldfeder, CEO of the American Fintech Council, commented on Stablecore’s membership: “Stablecore is providing financial institutions with a safe and compliant path to engage with digital assets in a way that fits within traditional banking. By enabling banks and credit unions to offer new payment options, they are helping institutions respond to customer demand while operating within trusted standards. Their expertise will help support AFC’s work to ensure financial innovation is implemented responsibly and sustainably.”
The Stablecore platform brings together stablecoin and digital asset custody, compliance measures, and blockchain infrastructure into one system designed for integration with banking cores and digital banking services. This allows for features such as digital asset accounts, conversion between U.S. dollars and digital assets, and payments using stablecoins. According to the company, these capabilities can help financial institutions expand their product offerings while maintaining security standards.
Stablecore recently completed a $20 million funding round led by Norwest with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, Peterson Ventures, EJF Ventures, Bankers Helping Bankers Fund, along with support from more than 290 limited partner financial institutions.
Alex Treece, CEO of Stablecore stated: “At Stablecore, our goal is to equip banks and credit unions with the tools they need to securely and practically integrate digital assets. Our platform allows institutions to modernize their services and meet customer needs without disrupting existing systems. As part of the American Fintech Council, we look forward to supporting efforts that promote responsible innovation and strengthen trust between financial institutions and their customers.”
The AFC describes itself as a standards-based organization representing major fintech companies and innovative banks offering embedded finance solutions. Its mission includes promoting transparency in the financial system through responsible innovation in services and advocacy for sound public policy.
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