ZeroHash Seeks National Trust Bank Charter to Enhance Stablecoin Services
- ZeroHash applied for a National Trust Bank Charter from the U.S. Office of the Comptroller of the Currency (OCC).
- If approved, ZeroHash can issue stablecoins, custody digital assets, and manage reserves under federal oversight.
- The company currently holds licenses in all 51 U.S. jurisdictions and operates internationally.
- Recent approvals for similar charters have been granted to firms like Stripe’s Bridge and Crypto.com.
- Founded in 2017, ZeroHash serves clients including Morgan Stanley and Interactive Brokers.
The OCC is currently reviewing ZeroHash’s application, which aligns with recent legislative developments regarding stablecoins in the U.S., including provisions in the Genius Act.
With this charter, ZeroHash aims to streamline its operations under federal regulations while expanding its stablecoin services nationwide.
