Zoth<\/a> said Bakkt brings a licensing stack that includes pan-U.S. money transmitter licenses, FinCEN MSB registration, and a New York BitLicense through Bakkt Financial Solutions I, LLC. According to the company, enterprise payment operators have required a U.S.-licensed counterparty before expanding stablecoin settlement activity into regulated remittance markets.<\/p>\n <\/p>\n
\u201cBy combining Bakkt\u2019s US licensing stack with Zoth\u2019s payment infrastructure and on-the-ground market operations, we are creating a template for how cross-border payments in the Global South move from pilots to production at scale. This partnership does not just benefit Zoth. It benefits every enterprise partner that has been waiting for a compliant, credentialed solution built to operate,\u201d Pritam Dutta, co-founder and CEO of Zoth, said in an accompanying statement.<\/p>\n
Bakkt previewed the partnership during its Investor Day event on March 17, 2026, where the company signaled plans to deepen its stablecoin payment operations after integrating DTR\u2019s infrastructure.<\/p>\n
Zoth currently processes roughly $300 million in annualized total payment volume and expects the partnership to help scale activity toward $1 billion annually. The company noted that more than $75 million worth of yield products have already been sold through its platform.<\/p>\n
According to Zoth, the partnership will initially focus on payment routes linking the U.S. with South Asia, the Philippines, Nigeria, and Gulf markets. The company also identified the UAE-to-South Asia corridor as the largest remittance route in the Middle East, while naming Uganda, Kenya, Ghana, Nigeria, and South Africa among its active African markets.<\/p>\n
Zoth said its existing operations include local banking relationships and payment infrastructure across the GCC, Southeast Asia, and South Asia, adding that major money transfer operators in the Gulf region are already working with its network through licensed local entities.<\/p>\n
The partnership also adds another institutional stablecoin payments initiative to a market that has recently seen increased activity from fintech and blockchain infrastructure firms. Bakkt\u2019s recent focus on agentic payments infrastructure through DTR, combined with Zoth\u2019s regional payment network, places the companies in competition with firms building regulated stablecoin settlement systems for cross-border transfers.<\/p>\n
Strategic partners listed by Zoth include Chainlink Labs, Olea Global Pte Ltd, and Intellistake Technologies Corp. The company said its product suite includes tokenized yield vaults, regulated treasury funds, cross-border payment orchestration tools, and AI agent-enabled payment services.<\/p>\n
<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Bakkt and Zoth have entered into a strategic partnership framework to build a compliant stablecoin payment infrastructure across remittance corridors connecting the U.S., South Asia, the Middle East, and parts…<\/p>\n","protected":false},"author":1,"featured_media":15703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27784"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27784\/revisions"}],"predecessor-version":[{"id":27785,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27784\/revisions\/27785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15703"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}