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Crypto

Zerohash adds Monad support, expands stablecoin payments

Crypto infrastructure firm Zerohash will support the Monad blockchain and Monad-based USD Coin (USDC), The Block reported on Feb. 11. The move aims to expand its stablecoin payments business after being valued at $1 billion. With the integration, Zerohash clients such as Kalshi, Gusto and Public can build stablecoin payments without operating their own blockchain infrastructure or securing separate regulatory licences.

Crypto

Gusto partners with Zerohash to support stablecoin-based global payroll remittances

Global payroll and HR platform Gusto will work with crypto infrastructure provider Zerohash to introduce a stablecoin-based payroll payment system. The tie-up is designed to add a stablecoin payroll option for workers outside the United States and improve remittance speed. The integration is currently in beta and allows workers to receive wages in U.S. dollar-based stablecoins, enabling settlement within minutes rather than the 3 to 7 days typical for international transfers. Gusto has more than 400,000 small and midsized business customers.