Maine Bankers Association Endorses Stablecore as Digital Asset Tech Provider

The Maine Bankers Association endorsed Stablecore as its preferred technology provider for digital asset services on Apr 21, 2026. Under the partnership, MBA's 29 retail bank members can offer stablecoin accounts, digital asset custody, tokenized deposits, and digital asset-collateralized lending through Stablecore's platform. The platform integrates into banks' existing digital banking, core banking, and compliance systems, removing the need to build proprietary infrastructure.

Stablecore describes its offerings as GENIUS-compliant stablecoin rails, 24/7 instant payments, and on-and-off ramps for assets like Bitcoin. Nick Elledge, COO and co-founder of Stablecore, said the goal is to help banks "compete in digital assets to remain a vital part of our financial ecosystem." Stablecore is backed by Norwest, BankTech Ventures, Curql, EJF Ventures, and Bankers Helping Bankers Fund.