Zero Hash launches in Brazil, accelerating its global expansion

For more details: https://www.globenewswire.com/news-release/2022/11/03/2547935/0/en/Zero-Hash-launches-in-Brazil-accelerating-its-global-expansion.html

TRUST expands to Europe

Zero Hash is pleased to announce the European expansion of the Travel Rule Universal Solution Technology (TRUST). TRUST is a global, industry-driven solution designed to improve compliance with a requirement known as the Travel Rule, while prioritizing customer security and privacy.

TRUST launched in the United States in early 2022 and quickly expanded to Canada and Singapore. Since then, the TRUST coalition has also grown to include virtual asset service providers (VASPs) throughout Europe. The rapid expansion of TRUST throughout Europe marks a significant milestone in TRUST’s journey to become the industry-standard solution for Travel Rule compliance. And this is only the beginning — we anticipate that, over the coming year, TRUST will welcome many new members from around the world.

Today, TRUST includes more than 67 entities from around the world, including but not limited to: Amber Group, Anchorage Digital, Balance, Binance.US, bitFlyer, BitGo, Bittrex Global, Black.com, BlockFi, BlocPal, Cake DeFi, Circle, Coinbase, Coinhako, Coinpass Limited, Coinsmart, Coinsquare, Copper.co, Crypto.com, Currency.com, Custodia, Digital Treasures Center Pte. Ltd., EXMO, Fidelity Digital AssetsSM, Gemini, Kraken, Litebit, Luno, MEXC, Netcoins, Nexo, OKCoin, Paxos, PayPal, Phemex, Prime Trust, Robinhood, sFOX, Shakepay, Standard Custody & Trust, Tangany GmbH, TradeStation, Unbanked, VirgoCX, Wealthsimple, Zero Hash, and Zodia Custody.

TRUST has always been built to be a global Travel Rule compliance solution. While the Travel Rule requirements in many jurisdictions can vary, TRUST is specifically designed with the flexibility to adapt to these different requirements, while delivering the following top-tier safeguards to customers’ privacy and security:

• No central store of personal data: We never centrally store sensitive customer information where it could be targeted by an attacker or misused by a third-party. The required information is only directly sent from one TRUST member to another, through end-to-end encrypted channels, and the receiver is required to safeguard it.
• Proof of address ownership: TRUST includes a mechanism for the receiving VASP to prove that it is the owner of the receiving crypto address before customer information is sent — to ensure the right information is sent to the right VASP.
• Core security & privacy standards: We require all TRUST members to meet core anti-money laundering, sanctions, security, and privacy requirements before joining the solution.

For more information about how TRUST prioritizes customer privacy and security while providing top-tier Travel Rule compliance, or if you are interested in joining TRUST, please contact Coinbase.

Zero Hash partners with Blockdaemon to power native crypto on-ramp solution

Enabling Crypto Adoption with On-Ramps

For more details: https://www.globenewswire.com/news-release/2022/10/20/2538404/0/en/Zero-Hash-partners-with-Blockdaemon-to-power-native-crypto-on-ramp-solution.html

Zero Hash partners with Current to provide access to no-fee crypto trading

Comprehensive portfolio of cryptocurrencies now available to Current’s over four million members

For more details: https://www.globenewswire.com/news-release/2022/10/19/2537510/0/en/Zero-Hash-partners-with-Current-to-provide-access-to-no-fee-crypto-trading.html

Zero Hash adds Support for the MATIC token in the State of New York

CHICAGO, October 13, 2022 — Zero Hash, the leading B2B2C Crypto-as-a-Service provider, announced it has expanded the assets supported in New York to include the MATIC token on both the Polygon and Ethereum blockchains. Platforms built on Zero Hash infrastructure can now offer MATIC to end customers residing in the state of New York in addition to supported assets, including Bitcoin, Ethereum, USDC, Chainlink, and Litecoin.

MATIC is the native token of the Polygon network used to power the Polygon ecosystem. The token has different use cases, including payment for network fees and staking. Polygon is a layer-2 scaling solution on the Ethereum network designed to run parallel to the main Ethereum blockchain, speeding up transactions and lowering transaction costs. MATIC on Ethereum is an ERC-20 token compatible with other Ethereum-based digital currencies.

For the complete list of supported assets, please refer here. Zero Hash cryptocurrency service may not be available in all states. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

We love to hear from our community. Reach out to us with any questions and suggestions on what digital assets we should add to the roadmap. Get in touch at [email protected].

Zero Hash Adds Support For USDC on Stellar Blockchain

CHICAGO, October 11, 2022 — Zero Hash, the leading B2B2C Crypto-as-a-Service provider, announced it has added support for USDC on the Stellar blockchain.

USDC is a stablecoin backed by cash and cash equivalents that intends to be redeemable 1:1 for U.S. dollars and, as such, is positioned as a key building block for payments use cases in the crypto economy. Stellar is an open-source network that seeks to connect the world’s financial infrastructure by enabling transactions that take seconds to clear and can cost significantly less than Layer 1 (L1) networks like Ethereum and Bitcoin.

Stellar USDC (symbol USDC.XLM) enables seamless, near-instant, low-cost cross-border payments, remittances, and next-gen treasury management To date, Stellar USDC has had total payment volume of more than $7.7 billion and nearly 40,000 accounts with trustlines created. (Source: Circle)

USDC on the Stellar network is now enabled for deposit and withdrawal functionality on the Zero Hash platform. Liquidity support will become available in the coming weeks. For more details, head to the updated release notes.

Zero Hash’s mission is to provide maximum flexibility, and our platform now supports USDC on Arbitrum, Fantom, Polygon, Solana, Hedera, and Stellar blockchains. USDC’s multi-chain support is intended to increase USDC’s native availability and enables blockchain developers building on USDC and their users to experience greater liquidity and interoperability within the crypto economy. (Source: Circle). For the full list of supported assets, please refer here. Zero Hash cryptocurrency service may not be available in all states. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

We love to hear from our community. Reach out to us with any questions and suggestions on what digital assets we should add to the roadmap. Get in touch at [email protected].

Sources:

1. “Multichain USDC | Ethereum, Solana, Algorand, Stellar, TRON.” Circle, https://www.circle.com/en/multichain-usdc. Accessed 10 October 2022.
2. “Circle Announces Next Wave of USDC Support for Multi-chain Ecosystem.” Circle, 28 September 2022, https://www.circle.com/en/pressroom/circle-announces-next-wave-of-usdc-support-for-multi-chain-ecosystem. Accessed 10 October 2022.