Cryptocurrency News Today: Coinbase Links 3,000 Banks to Crypto as Pepeto Tops $11M

The biggest cryptocurrency news this week did not come from a token chart. Coinbase signed a deal with Stablecore on September 16 to bring crypto into banking systems, per CryptoTimes. The deal covers crypto trading, staking, and stablecoin payments for more than 3,000 U.S. banks. Amarillo National Bank in Texas already runs the first live test, per CoinCentral.

The first time a top exchange went into Main Street banks this way. When you search for cryptocurrency news looking for the right entry, most of the big coins have priced in the good news. Pepeto sits in a lane of its own, with more than $11 Million raised, three working products, and a Binance listing ahead.

How Does the Coinbase Banking Deal Change the Cryptocurrency News Picture?

Coinbase and Stablecore made it public on September 16, per CryptoTimes. The deal lets any bank in the network add crypto to its app. No new tech needed. Stablecore says its tools already touch more than 3,000 banks and credit unions, per CoinCentral.

That is a path from a phone screen in a small town bank to a crypto wallet in seconds. On September 15, Stablecore also paired with Nasdaq Verafin for crime checks on crypto trades. The message is plain: banks are not watching crypto from the side any more. They are wiring it into their base.