Stablecore
Dallas, US · Founded 2025 · 28 employees on LinkedIn · 14 known investors
Stablecore provides digital asset infrastructure for banks and credit unions, enabling them to work with stablecoins, tokenization, and blockchain technology. The company builds core banking infrastructure for financial institutions entering the digital asset space.
Also known as Stablecore, Inc.
Founders & leadership
Stablecore was founded in 2025 by Alex Treece, Eduardo Montemayor, and Nick Elledge.
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Investors · 14
Also in the syndicate · 6
Company profile
researched Aug 2026Stablecore is a Dallas, Texas-based financial technology company that supplies digital asset infrastructure to regional and community banks and credit unions. Its product is described as a "digital asset core" or "side-core" that runs alongside an institution's existing core banking system, unifying the components required to support digital asset offerings — custody, key management, blockchain infrastructure, digital asset compliance, orchestration and digital asset ledgering — into a single platform that integrates with banking cores, digital banking platforms and compliance systems.
The platform supports products including digital asset accounts held inside the existing banking experience, sending and accepting stablecoins, tokenized deposits, conversion between U.S. dollars and digital assets, and lending collateralized by digital assets. Stated use cases include cross-border payments for corporate and retail clients, corporate treasury management, retail and high-net-worth digital asset investing, compliant on- and off-ramps, stablecoin sponsor banking for fintech and payments clients, and yield generation from digital asset collateralized loans. The company states its platform is provider-neutral, integrating with major custodians, exchanges and stablecoin issuers so client institutions avoid platform lock-in.
The company frames its market opportunity around 2025 U.S. regulatory changes — the passage of the GENIUS Act and updated digital asset policies from the OCC, FDIC, Federal Reserve Board and SEC — which it says made digital asset activities permissible for the roughly 8,500 banks and credit unions in the United States.
Founding story
Stablecore was founded in 2025 by Alex Treece (CEO), Nick Elledge (COO) and Eduardo Montemayor (CTO). Treece previously led digital asset ledgering, orchestration and developer teams at Coinbase and co-founded Zabo, a digital asset account aggregation platform acquired by Coinbase in 2021; earlier he worked in investment banking at Stephens and private equity at The Riverside Company. Montemayor was a Staff Software Engineer at Coinbase, engineering lead at BRD (acquired by Coinbase in 2021) and CTO of Liquidus Marketing (acquired by Fusion92 in 2018). Elledge was co-founder, COO and CFO of an enterprise and bank data and AI platform focused on encryption, privacy, compliance and security, and previously worked at private equity, venture capital and management consulting firms; he holds an MBA from Stanford University. According to SMU's Cox School of Business, Elledge refined early ideas for Stablecore through the school's Spears entrepreneurship ecosystem.
Business model
Stablecore sells infrastructure software to depository institutions, positioning itself as a side-core layered onto an institution's existing core banking, digital banking and compliance stack rather than as a replacement system. Client institutions retain control, ownership and flexibility over their digital asset offerings, including the ability to work with multiple underlying custodians, exchanges and stablecoin issuers.
Traction
Stablecore raised $20 million in September 2025 from investors representing more than 290 limited partner banks and credit unions, and its funding announcement references existing bank and credit union clients across the country without naming them or giving counts. Other traction signals include the Q2 partnership, the Nebraska Bankers Association endorsement, selection into Velera's Digital Asset Lab inaugural cohort, AFC membership and the Venture Dallas seed award. BankTech Ventures lists no news articles for the company on its portfolio page.
Latest developments
Company blog headlines dated 2026 announce a partnership with Chainalysis to power stablecoin and digital asset compliance for U.S. banks and credit unions (07.16.2026), an endorsement from the Nebraska Bankers Association as a digital asset technology provider (07.22.2026), and selection to the inaugural cohort of Velera's Digital Asset Lab (08.14.2026). A banner on the homepage announces a partnership with Q2 to bring digital assets to hundreds of banks and credit unions.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Stablecore describes itself, and is described by its investor BankTech Ventures, as a digital asset core or side-core purpose-built for banks and credit unions; press coverage characterizes it as a Dallas digital asset infrastructure startup. It was named the Seed-category winner of the 2025 Venture Dallas Startup of the Year awards.
The company emphasizes exclusive focus on depository institutions, integration alongside rather than replacement of existing cores, provider neutrality across custodians, exchanges and stablecoin issuers to avoid lock-in, compliance-first design, and a team drawn from digital asset infrastructure roles at Coinbase and other institutions.
Technology
The platform brings together digital asset custody, key management, blockchain infrastructure, digital asset compliance, orchestration and digital asset ledgering into a single system that integrates with banking cores, digital banking platforms and compliance tooling. It is designed to be neutral across custodians, exchanges, stablecoin issuers, networks and assets. Compliance capabilities are supported by a partnership with Chainalysis.
Go-to-market
The company sells directly to regional and community banks and credit unions, supported by a demo request funnel on its website, and augments direct sales with channel and endorsement relationships: a partnership with digital banking provider Q2 to reach banks and credit unions, an endorsement from the Nebraska Bankers Association as a digital asset technology provider, and participation in Velera's Digital Asset Lab. Its investor base is itself a distribution asset, comprising bank- and credit-union-focused funds (BankTech Ventures, Curql, Bankers Helping Bankers Fund, EJF Ventures, Bank of Utah) that collectively represent more than 290 limited partner financial institutions. Membership in the American Fintech Council supports policy and industry positioning.
Regional and community banks and credit unions in the United States — an addressable base the company cites as more than 8,000 to 8,500 institutions — and, indirectly, those institutions' retail, high-net-worth, corporate, fintech and payments customers.
Geography
Headquartered in Dallas, Texas, serving banks and credit unions in the United States.
History
The company was founded and launched in 2025 in Dallas. In September 2025 it announced a $20 million funding round led by Norwest and joined the American Fintech Council as a member. In October 2025 it won the Seed category of the Venture Dallas 2025 Startup of the Year awards, announced at the George W. Bush Institute and Presidential Library from a pool of 140 nominations. Subsequent company blog posts, dated in 2026, describe a compliance partnership with Chainalysis, an endorsement from the Nebraska Bankers Association, selection into the inaugural cohort of Velera's Digital Asset Lab, and a partnership with Q2 to reach banks and credit unions.
Risks & controversies
No controversies are reported in the available sources. The business is dependent on the U.S. regulatory framework for digital assets, including the GENIUS Act and agency policies from the OCC, FDIC, Federal Reserve Board and SEC, which the company cites as the enabling condition for bank participation.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 10
by search overlap
Companies competing with Stablecore for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 7
launches, deals, and filingsCompany blog post announcing a partnership with Chainalysis to power stablecoin and digital asset compliance for U.S. banks and credit unions.
Homepage announcement of a partnership with Q2 to bring digital assets to hundreds of banks and credit unions.
Stablecore won the Seed category of the Venture Dallas 2025 Startup of the Year awards, announced at the George W. Bush Institute and Presidential Library; the awards drew a record 140 nominations narrowed to 18 finalists.
The American Fintech Council announced Stablecore as its newest member, citing the company's platform for helping banks and credit unions integrate stablecoins and digital asset products.
Stablecore announced a $20 million funding round led by Norwest, with participation from Coinbase Ventures, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund, Curql, Peterson Ventures, Stack Asset Management and others, collectively representing more than 290 banks and credit unions as limited partners. Proceeds are earmarked for growing the customer base among U.S. regional and community banks and credit unions and hiring.
$20M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Stablecorestablecore.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Stablecore do?
- Dallas-based Stablecore sells a "digital asset core" that lets banks and credit unions offer stablecoin and tokenized deposit products.
- Who founded Stablecore?
- Stablecore was founded by Alex Treece, Eduardo Montemayor, Nick Elledge in 2025.
- Who are Stablecore's investors?
- Stablecore's investors include BankTech Ventures, Coinbase Ventures, Curql Collective, LLC, Mirana Ventures, Moonshots Capital, Norwest Venture Partners, Reflexive Capital, Ensemble VC.
- Where is Stablecore headquartered?
- Stablecore is headquartered in Dallas, US.