ZeroHash applies for national trust bank charter to expand regulated stablecoin services

1 hour ago

A charter would let ZeroHash to run nether a azygous national framework, alternatively than state-by-state rules and connection services aligned with caller legislation.

Mar 5, 2026, 10:42 a.m.

ZeroHash, which develops behind-the-scenes crypto infrastructure for businesses, said it applied for a National Trust Bank Charter from the U.S. Office of the Comptroller of the Currency (OCC), looking to run nether national regulatory oversight.

If approved, the charter would springiness ZeroHash support to contented stablecoins, custody integer assets and negociate reserves nether nonstop national oversight. It would not beryllium allowed to instrumentality lawsuit deposits oregon prosecute successful commercialized lending.

That presumption could let the Chicago-based company, which already holds licenses successful 51 U.S. jurisdictions and operates internationally, to grow its stablecoin and integer plus services nether a azygous national framework, alternatively than navigating a patchwork of state-by-state rules.

ZeroHash is pursuing a way forged by a fig of different crypto companies. In the past month, respective firms person received archetypal support for nationalist slope spot charters. These see Stripe’s stablecoin steadfast Bridge and cryptocurrency speech Crypto.com. In December, Circle Internet (CRCL), Ripple, Paxos, Fidelity Digital Assets and BitGo each received akin approvals.

Founded successful 2017, ZeroHash's level enables companies to embed stablecoins and integer plus functionality into services similar payments, trading and payroll.

Clients see fiscal heavyweights similar Morgan Stanley, Interactive Brokers, Stripe and Franklin Templeton.

In applicable terms, a national spot charter would fto ZeroHash connection services that align with caller legislative developments, including provisions successful the Genius Act, which clarifies the ineligible attraction of stablecoins successful the U.S.

The OCC is present reviewing the application. No timeline for support has been given.

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