Zerohash Bolsters Tokenized Fund Infrastructure with Stablecoin Conversion Rails
Zerohash is expanding its role in tokenized fund infrastructure by providing stablecoin conversion rails for BlackRock's newest tokenized money market fund, BRSRV.
BRSRV serves stablecoin issuers who need reserves that qualify under the GENIUS Act, which established the first national framework for permitted payment stablecoin issuers and defined exactly what those issuers may hold as reserves.
Zerohash's solution allows investors to fund subscriptions with stablecoins instead of wire transfers, converting them into fiat at a quoted rate before settling the resulting cash directly to the issuer's account.