Tastytrade has launched stablecoin-based account funding, giving investors a new way to deposit funds using digital dollar equivalents such as USDC, USDT, PYUSD, and RLUSD across multiple blockchain networks. The service, powered by on-chain infrastructure provider Zerohash, is now available to customers worldwide, enabling round-the-clock funding with near-instant settlement.
This new method eliminates traditional funding hurdles such as currency conversion fees, international wire delays, and bank processing cutoffs. Tastytrade stated that the move reflects growing demand for faster, more accessible financial services as global markets shift toward 24/7 trading.
“The upside of stablecoin account funding is massive”
Pete Mulmat, CEO of IG North America, the parent company of tastytrade, commented, “The upside of stablecoin account funding is massive: speed, simplicity, and global reach. We can now move money across jurisdictions in seconds, cut out costly intermediaries, and offer a frictionless experience for our customers around the world.”
The integration allows users to convert supported stablecoins into U.S. dollars, which are then automatically swept into their tastytrade brokerage accounts. Tastytrade does not custody digital assets or interact directly with blockchains; all processing and conversion is handled by Zerohash.
“In a market that’s moving towards 24/7 global trading, account funding shouldn’t be a barrier to getting started with trading,” Mulmat added. “Stablecoins reduce that hurdle.”
Zerohash provides stablecoin infrastructure for several major financial institutions and fintech companies, including Stripe, Franklin Templeton, and Shift4. The company enables regulated firms to use stablecoin rails for real-time payments, settlements, and on/off ramps without direct blockchain exposure.
Edward Woodford, Founder and CEO of Zerohash, said, “We’re proud to be the trusted partner for stablecoin account funding for leading brokerages, including tastytrade. Stablecoin account funding helps brokerages expand their businesses with instant funding globally.”
The announcement comes amid broader industry trends toward digital asset integration, with more brokerages and payment firms adopting blockchain-based infrastructure to improve user experience and reduce friction in money movement.
tastytrade had expanded crypto offering via Zerohash
In March, tastytrade expanded its crypto trading offerings through infrastructure provider Zerohash, adding five new digital assets to its platform amid rising client demand.
Tastytrade clients, who have been able to trade cryptocurrencies since 2020 via Zerohash, now have access to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), Cardano (ADA), Chainlink (LINK), Shiba Inu (SHIB), AAVE (AAVE), and Avalanche (AVAX), as well as Pepe (PEPE), Stellar (XLM), Tezos (XTZ), Sui (SUI), and Aptos (APT).
Zerohash provides crypto brokerage services for several traditional brokerage firms, including tastytrade and Interactive Brokers, offering liquidity, trade execution, regulatory compliance, and asset custody. Zerohash is a subsidiary of Seed CX and has registered the unit as a Money Services Business and FX Dealer with FinCEN. Moreover, Zero Hash is a registered Money Transmitter in over 45 US states. The firm enables businesses to embed digital assets within their product offering with low technical lift and no regulatory burden.
The Zero Hash settlement service currently supports spot settlement of fiat and cryptocurrencies, as well as for repo, forwards, and other product types. The product was already implemented into the trade cycle of traditional brokers, single-dealer platforms, FX ECNs, and other institutional trading venues including Banxa, Wirex, MoneyLion and DraftKings.
Zerohash lending infrastructure also enables neo-banks, broker-dealers, payment groups, and non-financial consumer brands to automate collateral management and loan settlement, thereby helping manage the counterparty risk and simplifying the acceptance of multiple forms of collateral.
