Zero Hash has received regulatory approval to establish a Trust Company in North Carolina, a move that enhances its role as a regulated digital asset infrastructure provider and strengthens its custody offerings for institutional and brokerage clients.
The charter allows Zero Hash to operate as a Qualified Custodian, enabling it to hold tokenized assets for SEC-registered institutions and support new account structures such as retirement accounts and services for registered investment advisors. The approval arrives as the industry anticipates the introduction of the GENIUS Act and other regulatory developments targeting stablecoin custodians.
Zero Hash Supports Shift4, Stripe, IBKR, tastytrade
Stephen Gardner, CEO of Zero Hash Trust, commented, “This approval is a testament to our unwavering commitment to being the most comprehensive and trusted partner in the crypto and stablecoin space. We are excited to continue to expand our offering for the partners we service, including the leading payment groups such as Shift4 and Stripe and brokerage partners including Interactive Brokers and tastytrade.”
The company also announced two new public board appointments for the Trust. Mary Ruppert, a former compliance leader at PayPal and the U.S. Department of Justice, and David Hannigan, Chief Information Security Officer at NuBank and previously with Spotify and Capital One, will help guide the Trust’s oversight and security posture.
Zero Hash already operates across 51 U.S. jurisdictions and is regulated in multiple international markets. With this expansion, the company reinforces its position in a competitive sector by offering regulatory depth and broader custody services to meet growing institutional demand.
Zero Hash Integrated With PayPal USD
Zero Hash integrated with PayPal USD (PYUSD), a stablecoin issued by Paxos Trust Company on behalf of PayPal. This addition allows Zero Hash customers to access PYUSD on Ethereum and Solana, broadening its range of supported stablecoins, which includes USDC, USDT, DAI, EURC, RLUSD, and USDP.
PYUSD, backed one-to-one with US dollar deposits and US Treasuries, is designed for cross-border payments and real-time financial transactions. As part of Zero Hash’s stablecoin infrastructure, PYUSD will support applications such as global payments, instant payouts, account funding, fiat-to-crypto conversion, and remittances.
PayPal USD (PYUSD) is a stablecoin that is fee-free and backed by US dollars, issued on Ethereum by Paxos, and available to eligible US PayPal account holders. The stablecoin is now leveraging LayerZero, an interoperability protocol that features an Omnichain Fungible Token (OFT) Standard.
PYUSD will leverage LayerZero’s OFT to enable transfers between Ethereum and Solana while eliminating liquidity fragmentation and ensuring fast, secure, and cost-effective transactions for both users and businesses. The stablecoin will now enable users who self-custody their tokens to seamlessly transfer assets between blockchains without needing to rely on centralized platforms like Venmo or PayPal.
