Stablecoin Startup ShredPay Joins Jack Henry Network, Reaching 7,400 Banks and Credit Unions

STAFF REPORT — ShredPay, a stablecoin and digital-asset infrastructure provider, announced it has joined Jack Henry's Fintech Integration Network, giving banks and credit unions that run on Jack Henry's core banking systems a path to connect to ShredPay's services through the jXchange and SymXchange application programming interfaces.

Jack Henry is one of the largest core banking technology providers in the United States, with roughly 7,400 bank and credit union clients according to the company. Joining its Fintech Integration Network means ShredPay's stablecoin rails become technically reachable by any of those institutions that choose to integrate them — but the connection is opt-in per bank, not a default rollout across Jack Henry's client base. That distinction matters: a headline reach of "7,400 institutions" describes the addressable market Jack Henry's network opens up, not a confirmed count of banks that have signed on to actually offer ShredPay's services to their customers.

The move fits a broader pattern this year of community banks and credit unions gaining stablecoin capabilities through their existing core-banking vendors rather than building the infrastructure themselves — a similar dynamic to Coinbase's recent partnerships with Stablecore and Moov, which aimed to bring stablecoin custody and payment rails to thousands of smaller institutions through white-label arrangements.

ShredPay has not disclosed which specific banks or credit unions, if any, have committed to activating the integration, nor has it published transaction volume or user figures. As with other bank-distribution deals in this space, the practical significance will depend on how many Jack Henry clients actually flip the switch, rather than on the size of the network they now have technical access to.