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American Community Bank Stablecore completes $20 million in financing, with Coinbase Ventures and others participating in the investment

Source: ForesightNews
Stablecore, a community bank in the United States, announced the completion of a $20 million financing, with investors including Norwest, Coinbase Ventures, Curql, BankTech Ventures, etc. Stablecore provides stablecoins, tokenized deposits and digital asset solutions for American community and regional banks and credit unions, and the platform can seamlessly integrate existing banking systems. The company said that financing will be used to expand the customer base and team size and help traditional financial institutions carry out digital asset-related businesses.
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