Zoth Secures Canadian FINTRAC MSB Registration, Expanding Global Payment Coverage and Scaling Total Payments Volume to $1 Billion

British Columbia, Canada — June 2, 2026 — Zoth, a stablecoin neobank building next-generation payment rails for regulated cross-border settlement, today announced that its Canadian entity has been registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

The registration is not a standalone milestone, it is a foundational expansion of Zoth’s regulated payment infrastructure and a key step in expanding its global coverage. By anchoring its network in Canada, Zoth strengthens its access to North American origination markets while combining its regulated and compliant payout capabilities across Southeast Asia, the Middle East, and Africa, a cross-border payments opportunity representing more than $700 billion in market volume.

As stablecoins rapidly emerge as the preferred settlement layer for global payments, the market is shifting from fragmented experimentation to regulated, production-grade infrastructure. Zoth is defining this transition, building a compliance-first payments stack designed to meet the demands of institutions operating across high-growth, high-friction corridors.

Zoth Expands Its Regulated Payment Layer Across North America

With its FINTRAC MSB registration, Zoth’s Canadian entity is authorized to support Canada-linked foreign exchange, money transfers, virtual currency dealing, and payment service provider activities, expanding the functional depth of its regulated payment infrastructure.

This addition positions Zoth to act as a compliant, in-market counterparty for flows that originate from, terminate in, or route through Canada. Combined with Zoth’s strategic partnership framework with Bakkt, the MSB registration strengthens Zoth’s North American payment layer while reinforcing its ability to support compliant payouts into high-growth markets across Southeast Asia, the Middle East, and Africa.

“Institutions are not just adopting faster rails, they are standardizing on regulated infrastructure that can support real capital movement at scale,” said Pritam Dutta, Founder and CEO of Zoth. “By integrating Canadian MSB into our regulated network, Zoth is strengthening its role as a trusted settlement layer for high-volume flows between North America and key Global South corridors.”

Institutional Infrastructure Unlocked for Zoth

Zoth’s FINTRAC MSB registration materially expands the scope and depth of its regulated payment infrastructure, activating Canada as a fully integrated node within its global stablecoin settlement network. The registration extends Zoth’s capabilities across four critical regulated service areas:

• Foreign exchange dealing: Fiat-to-fiat and fiat-to-stablecoin conversion executed through Zoth’s integrated orchestration layer.
• Money transferring: Cross-border value transfer between Canada and high-growth corridor markets.
• Dealing in virtual currency: Stablecoin custody, transfer, and conversion with embedded sanctions screening, source-of-funds verification, and Travel Rule compliance where applicable.
• Payment service provider activities: Account-based payment orchestration for institutions, fintechs, family offices, corporate treasuries, and regulated counterparties.

Together, these capabilities strengthen Zoth’s Canadian presence from a market access point into a regulated execution layer for cross-border payments, treasury movement, and fiat–stablecoin interoperability. This enables Zoth to deliver compliant payment flows that bridge traditional financial systems with stablecoin-native settlement infrastructure in a single, unified stack.

For enterprise clients, MTOs, fintech platforms, family offices, and regulated payment partners, this establishes a high-trust regulatory foundation for scaling stablecoin-based settlement, supported by in-market compliance, structured oversight, and accountable counterparty execution.

Combined with Zoth’s strategic partnership framework with Bakkt, Canadian MSB registration further strengthens Zoth’s edge across both origination and payouts, reinforcing its position as one of the most complete regulated payment infrastructures for high-volume cross-border stablecoin settlement between North America and high-growth Global South corridors.

With this milestone, Zoth continues to define the standard for compliant stablecoin payment infrastructure, where cross-border capital movement is faster, more transparent, operationally efficient, and built to meet institutional requirements from the ground up.

About Zoth

Zoth is building a privacy-first stablecoin neobank for the Global South and the emerging Agentic Economy, an integrated financial infrastructure that unifies yield, payments, cards, liquidity, compliance, and security into a single, institution-grade platform for individuals, institutions, and AI agents.

Visit: https://www.zoth.io