MAJORITY Launches USDC Transfers From the US to Latin America on zerohash Infrastructure
Eligible MAJORITY members in the US pay in dollars and family members in Latin America who are also MAJORITY members receive USDC in a self-custodial Global Wallet. zerohash is the licensed provider for conversion and delivery.
By Elena Marsh, Journalist, Stablecoins
MAJORITY, a Miami-based mobile banking and money transfer app for people living across borders, has launched cross-border stablecoin payments from the US to Latin America using infrastructure from zerohash, the companies said on 26 October 2026. Eligible MAJORITY members in the US can send money to family in Latin America who are also MAJORITY members, without leaving the app, 24/7 including weekends and holidays.
The announcement describes a live launch. Neither company disclosed which Latin American countries are covered, fees, FX spreads, transfer limits or expected volumes.
How the flow works
Senders pay in US dollars. Recipients receive USDC, the dollar-backed stablecoin issued by Circle Internet Financial, in their MAJORITY Global Wallet. zerohash is the licensed provider for converting and delivering the funds, and MAJORITY is the app members use to send and receive.
According to MAJORITY's disclosures, the Global Wallet is a self-custodial product of Majority Global, LLC. International money transfers are provided by Majority Payment Services, LLC, Community Federal Savings Bank or Golden Money Transfer, Inc. (Inyo), depending on the sender's state and other factors. Funds held while a transfer is processing are not FDIC-insured. zerohash says its accounts are not covered by FDIC or SIPC protections and that its services may not be available in all jurisdictions, including New York.
"Our members support family back home every week, and that shouldn't depend on bank hours," said Anders Rasmussen, Product Director at MAJORITY. Adam Tesan, Chief Revenue Officer at zerohash, said cross-border transfers "shouldn't wait for banks to open or take days to arrive".
A closed loop between members
The service only works when both sides are MAJORITY members. That keeps the stablecoin leg inside one app: the sender never handles crypto, and the recipient holds a dollar balance in a wallet the company does not custody. The release does not say how recipients cash out USDC into local currency, which will determine how useful the balance is in daily life.
Why it matters
US-to-Latin America remittances are one of the most competitive consumer payment corridors, and stablecoin rails are being added mainly as a way to settle outside banking hours and to give recipients a dollar-denominated balance. The model puts a licensed stablecoin provider behind a familiar send-money screen. zerohash describes itself as operating regulated entities in 51 US jurisdictions, with a regulatory footprint in the EU, Latin America and Bermuda.
Sources
- zerohash and MAJORITY via GlobeNewswire, "MAJORITY Launches Cross-Border Stablecoin Payments, Powered by zerohash", 26 October 2026: https://www.globenewswire.com/news-release/2026/10/26/3388124/0/en/majority-launches-cross-border-stablecoin-payments-powered-by-zerohash.html