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Stablecore’s Nick Elledge on Making Stablecoins “Feel Like Banking”

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Stablecore’s Nick Elledge on Making Stablecoins “Feel Like Banking”

Stablecoins have emerged as one of the most interesting developments in the DeFi industry, with the potential to reshape payments more broadly. Stablecoins are cryptocurrencies pegged to a reserve asset, typically a fiat currency such as the US dollar, and are designed to combine the technological advantage of digital currencies with the relative price stability of traditional money. They have become increasingly attractive because they can facilitate fast, low-cost transactions—especially across borders—and help bridge the gap between decentralized finance and traditional finance.

What are the opportunities for banks and other financial institutions when it comes to embracing stablecoins and, importantly, what are the risks? Are stablecoins just the latest fad from the cryptocurrency world (remember NFTs?) or, as with AI, could they offer financial institutions more efficient ways to serve a wider range of customers and members?

To discuss this and other issues surrounding stablecoins and digital assets, we spoke with Nick Elledge, Co-founder and Chief Operating Officer for Stablecore. Headquartered in Dallas, Texas, and founded in 2025, Stablecore offers a platform that enables community and regional banks, as well as credit unions, to deliver instant payments, stablecoins, tokenized deposits, and digital asset solutions from within their own current banking environment. The company won the “Excellence in Stablecoins, Tokenized Deposits, and Tokenized Assets” category of the 2026 Finovate Awards.

Nick Elledge: This recognition validates something we have believed from the start: money movement across the U.S. banking system will require infrastructure for stablecoins and tokenization.

Our team deliberately built a platform only for regulated American banks and credit unions.


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