AUSTIN, Texas — March 24, 2026
Executive Summary
Q2 Holdings, Inc. (NYSE: QTWO) has announced a strategic partnership with Stablecore, a digital asset infrastructure platform, to enable banks and credit unions to deliver stablecoins, tokenized deposits, and digital asset capabilities within regulated banking environments. The integration provides financial institutions with a streamlined and compliant pathway to adopt digital asset functionality through a single integration within the Q2 Digital Banking Platform.
The collaboration is facilitated through Q2 Innovation Studio, allowing institutions to access pre-integrated fintech solutions that reduce implementation complexity and time. Early institutions engaging with Stablecore through Q2 include Amarillo National Bank and Bank of Utah. The partnership reflects increasing institutional interest in digital asset infrastructure as stablecoin adoption accelerates and regulatory clarity evolves, enabling financial institutions to evaluate and deploy digital asset solutions within existing banking systems.
Announcement Overview
Q2 Holdings, Inc., a provider of digital transformation solutions for financial services, has entered into a partnership with Stablecore to support banks and credit unions in delivering digital asset products. The integration enables financial institutions to offer stablecoins, digital asset accounts, and tokenized deposits through regulated and compliant banking environments.
The partnership is designed to address infrastructure challenges faced by financial institutions seeking to implement digital asset capabilities. These challenges include the need for multiple integrated systems, compliance requirements, and operational scalability. Through the integration with Q2 Innovation Studio, institutions can access a pre-integrated digital asset infrastructure layer, eliminating the need to independently build and manage complex systems.
The collaboration enables financial institutions to deploy digital asset capabilities directly within their existing digital banking environments, allowing for operational continuity while introducing new product offerings. The partnership launched in March 2026, with early adoption from institutions including Amarillo National Bank and Bank of Utah.
Key Announcement Details
- Announcement Type: Strategic partnership enabling digital asset capabilities within regulated banking environments
- Companies Involved: Q2 Holdings, Inc. (NYSE: QTWO) and Stablecore
- Announcing Entity: Q2 Holdings, Inc., operating as a provider of digital transformation solutions for financial services
- Partner Entity: Stablecore, a digital asset platform enabling banks and credit unions to offer digital asset products
- Announcement Date : March 24, 2026
- Announcement Location (Dateline): Austin, Texas
- Integration Description: Integration enabling financial institutions to deliver stablecoins, digital asset accounts, and tokenized deposits within regulated banking environments
- Integration Framework: Stablecore integrated through Q2 Innovation Studio
- Platform Environment: Q2 Digital Banking Platform
- Innovation Layer: Q2 Innovation Studio as a pre-integrated fintech solution environment
- Integration Objective: Provide a streamlined path for implementing digital asset capabilities through a single, trusted integration
- Primary Capabilities Enabled:
Stablecoins
Digital asset accounts
Tokenized deposits - Extended Digital Asset Capabilities:
Stablecoin payments and acceptance
Digital asset accounts with on- and off-ramps
Digital asset-collateralized lending
Tokenized deposits
Staking rewards
Additional digital asset innovations - Experience Coverage: Capabilities delivered across both retail and commercial digital banking experiences
- Target Users: Banks and credit unions seeking to implement digital asset infrastructure
- End Beneficiaries: Retail and commercial account holders of participating financial institutions
- Early Institutional Participants: Amarillo National Bank and Bank of Utah
- Adoption Status: Early engagement phase with participating institutions exploring digital asset capabilities
- Infrastructure Challenge Identified: Financial institutions face complexity due to multiple components required to support digital asset offerings compliantly and at scale
- Integration Advantage: Reduces cost, complexity, and time associated with fintech integrations
- Operational Benefit: Eliminates the need for institutions to build and maintain digital asset infrastructure independently
- Deployment Model: Integration within existing digital banking environments
- Technology Approach: Pre-integrated solutions embedded within the Q2 Digital Banking Platform
- Scalability Focus: Supports compliant and scalable deployment of digital asset capabilities
- Compliance Positioning: Designed for use within regulated banking environments
- Strategic Timing Context: Stablecoin adoption is accelerating and regulatory clarity is improving
- Institutional Consideration: Banks and credit unions are evaluating how digital asset infrastructure fits into regulated environments
- Strategic Role of Q2: Enable thoughtful and responsible introduction of digital asset capabilities
- Strategic Role of Stablecore: Provide compliant digital asset infrastructure integrated into trusted banking platforms
- Customer Value Proposition: Enable financial institutions to deliver digital asset capabilities to account holders
- Operational Uniformity: Supports consistent deployment of digital asset capabilities within existing systems
- Competitive Environment Referenced: Increasing competition from fintechs, large national banks, and crypto-native firms
- Functional Outcomes Enabled:
24/7 settlement models
Support for evolving treasury needs
Strengthening deposit relationships
Maintenance of regulatory oversight - Ecosystem Expansion: Stablecore added to Q2 Innovation Studio fintech partner ecosystem
- Ecosystem Purpose: Provide flexible pathways for banks and credit unions to evaluate emerging technologies
- Innovation Strategy: Enable institutions to build, extend, and innovate within the Q2 Digital Banking Platform
- Technology Stack Integration (Stablecore):
Core banking systems
Digital banking platforms
Existing banking technology stacks - Infrastructure Design (Stablecore): Unified digital asset infrastructure delivered as a single offering
- Investment and Backing (Stablecore): Norwest, BankTech Ventures, Curql, EJF Ventures, Bankers Helping Bankers Fund
- Q2 Market Scope: Serves banks, credit unions, alternative finance companies, and fintechs
- Q2 Product Functionality: Enables data-driven digital engagement solutions
- Geographic Presence (Q2): United States and international markets
- Public Listing (Q2): NYSE and NYSE Texas under ticker QTWO
- Bank of Utah Profile (Early Participant):
Founded in 1952 in Ogden
Operates 18 full-service branches
Provides personal, business, mortgage, commercial lending, and wealth services - Bank of Utah Recognition:
Top 20 U.S. Community Banks of 2025 (S&P Global Market Intelligence)
Utah’s Best Bank 2025 (GOBankingRates)
Integration Framework Through Q2 Innovation Studio
The partnership is delivered through Q2 Innovation Studio, a suite of tools and programs designed to enable banks, credit unions, and fintech partners to build, extend, and integrate capabilities within the Q2 Digital Banking Platform.
Q2 Innovation Studio provides a pre-integrated ecosystem that reduces:
- Implementation cost
- Integration complexity
- Time-to-market for new financial products
Through this framework, financial institutions gain access to Stablecore’s digital asset infrastructure without requiring standalone integration projects. This allows institutions to incorporate digital asset functionality directly into their existing digital banking interfaces.
The integration model is structured to support scalable deployment, enabling institutions to expand capabilities over time while maintaining consistency across digital channels.
Digital Asset Capabilities Enabled by the Partnership
Through the integration between Q2 Holdings and Stablecore, financial institutions can implement a range of digital asset use cases within their digital banking platforms.
Stablecoin Payments and Acceptance
Financial institutions can support stablecoin-based payment workflows, enabling transactions that operate on blockchain infrastructure while maintaining integration with traditional banking systems.
Digital Asset Accounts With On and Off Ramps
Banks and credit unions can offer digital asset accounts that allow customers to:
- Convert fiat to digital assets (on-ramps)
- Convert digital assets back to fiat (off-ramps)
These capabilities are integrated into existing banking interfaces, enabling seamless user experiences.
Digital Asset-Collateralized Lending
The platform enables lending models backed by digital asset collateral, allowing institutions to expand lending products while incorporating blockchain-based assets into underwriting frameworks.
Tokenized Deposits
Financial institutions can issue and manage tokenized deposits, representing traditional bank deposits in digital token form while maintaining regulatory compliance.
Staking Rewards and Additional Digital Asset Services
The integration supports staking rewards mechanisms and other emerging digital asset functionalities, enabling institutions to participate in evolving financial models.
These capabilities are delivered through trusted integrations, allowing institutions to avoid the operational burden of building and maintaining independent digital asset infrastructure.
Strategic Context: Adoption of Digital Assets in Banking
According to the company, the partnership comes at a time when stablecoins and digital assets are transitioning from theoretical exploration to practical evaluation within mainstream banking.
Financial institutions are increasingly assessing how digital asset infrastructure can be incorporated into regulated banking environments. This shift is influenced by:
- Accelerating stablecoin adoption
- Improving regulatory clarity
- Growing demand for digital financial services
However, institutions face infrastructure challenges, as digital asset deployment requires coordination across multiple systems, including:
- Compliance frameworks
- Custody solutions
- Payment systems
- Core banking integrations
According to Q2, the integration with Stablecore addresses these challenges by consolidating critical components into a single, integrated platform.
The company stated that this approach enables financial institutions to explore digital asset capabilities responsibly and incrementally, without disrupting existing operations.
Leadership Statements
“Stablecoins and digital assets are moving from theoretical conversations to practical evaluation within mainstream banking,” said Anthony Ianniciello, VP of Product Management at Q2. “Our role is to help banks and credit unions introduce these capabilities thoughtfully and responsibly. By partnering with Stablecore, we are enabling financial institutions to assess how digital asset infrastructure can support their long-term strategy and ultimately deliver those capabilities to their account holders.”
“The growth of stablecoins, digital assets and blockchain-based infrastructure is reshaping the role that banks and credit unions play in the broader financial ecosystem,” said Alex Treece, CEO and Co-Founder of Stablecore. “Our partnership with Q2 brings compliant digital asset infrastructure into a platform that hundreds of institutions already trust, making it significantly easier to implement stablecoin and digital asset products.”
“At Bank of Utah, we believe innovation matters most when it truly serves our clients,” said Branden P. Hansen, President of Bank of Utah. “For over 70 years, we have provided the stable, trusted environment our clients count on to meet their financial needs. Our partnership with Q2 and Stablecore allows us to explore meaningful digital asset use cases while we continue building new solutions that help unlock our clients’ potential.”
Market Dynamics and Competitive Landscape
According to the company, financial institutions are operating in an environment of increasing competition from:
- Fintech companies
- Large national banks
- Crypto-native firms
Within this context, capabilities such as stablecoins and tokenized deposits are being evaluated as mechanisms to:
- Enable 24/7 settlement models
- Support evolving treasury and liquidity needs
- Strengthen deposit relationships
- Maintain regulatory oversight
The partnership between Q2 Holdings and Stablecore is positioned to provide financial institutions with infrastructure that supports participation in these emerging financial models while operating within regulated frameworks.
Expansion of Q2 Innovation Studio Ecosystem
The addition of Stablecore represents an expansion of the Q2 Innovation Studio fintech partner ecosystem.
Q2 indicated that the ecosystem is designed to provide:
- Flexible integration pathways
- Access to emerging financial technologies
- Scalable infrastructure for innovation
By incorporating Stablecore into this ecosystem, Q2 reinforces its approach of enabling financial institutions to evaluate and adopt new technologies as market demand and regulatory clarity evolve.
Early Institutional Adoption
The partnership has already seen engagement from institutions including:
- Amarillo National Bank
- Bank of Utah
These institutions are exploring digital asset capabilities through the integration with Stablecore via the Q2 Digital Banking Platform, reflecting early engagement with infrastructure designed to support stablecoins, tokenized deposits, and related digital asset functionalities.
Their participation indicates initial adoption of a framework that enables financial institutions to evaluate and implement digital asset use cases within regulated banking environments, while maintaining alignment with existing digital banking systems and operational processes.
About Q2 Holdings, Inc.
Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services, supporting a broad range of institutions including banks, credit unions, alternative finance companies, and fintech organizations across the United States and international markets. The company’s platform is designed to enable financial institutions and fintech providers to deliver comprehensive, data-driven digital engagement solutions tailored to consumers, small businesses, and corporate clients.
Q2’s offerings focus on enhancing how financial institutions interact with their customers through digital banking experiences, enabling organizations to deliver services through integrated and scalable digital channels. Its solutions are built to support evolving customer expectations while maintaining operational consistency across financial products and services.
Headquartered in Austin, Texas, Q2 maintains a global operational presence with offices worldwide. The company is publicly traded on the New York Stock Exchange (NYSE) and NYSE Texas under the stock symbol QTWO, reflecting its position within the publicly listed financial technology ecosystem.
For additional information, please visit Q2.com. Q2 also maintains an active presence on LinkedIn and X, where updates related to its platform, partnerships, and initiatives are shared.
About Stablecore
Stablecore is a digital asset core platform developed to enable banks and credit unions to offer stablecoins, tokenized deposits, and other digital asset products within regulated financial environments. The platform is structured to simplify the deployment of digital asset capabilities by consolidating critical infrastructure components into a unified solution.
Stablecore’s architecture is designed to integrate directly with existing financial institution technology environments, including:
- Core banking systems
- Digital banking platforms
- Existing banking technology stacks
By providing a single integration point, Stablecore allows institutions to introduce digital asset capabilities without the need to assemble multiple independent systems. This approach supports operational efficiency while maintaining compatibility with established banking infrastructure.
The company is supported by investors and organizations across both banking and digital asset sectors, including:
- Norwest
- BankTech Ventures
- Curql
- EJF Ventures
- Bankers Helping Bankers Fund
This backing reflects alignment with stakeholders focused on advancing digital asset capabilities within regulated financial institutions.
About Bank of Utah
Bank of Utah, established in 1952 in Ogden, is a community-focused financial institution offering a comprehensive range of banking and financial services. Its offerings include:
- Personal banking services
- Business banking solutions
- Mortgage lending
- Commercial lending
- Trust and wealth management services
The bank operates through a network of 18 full-service branches, providing access to financial services across its service areas. Over time, Bank of Utah has maintained a focus on delivering banking services within a stable and customer-oriented framework.
The institution has received industry recognition for its performance and service, including:
- Being named among the Top 20 U.S. Community Banks of 2025 by S&P Global Market Intelligence
- Recognition as Utah’s Best Bank (2025) by GOBankingRates
These recognitions reflect the bank’s position within the community banking sector and its continued presence in regional financial services.
For more information, please visit bankofutah.com.
Media Contact
For additional information, visit q2.com.
Source Attribution
Source: Company announcement
