# Bakkt and Zoth have entered into a strategic partnership framework to build a compliant stablecoin payment infrastructure across remittance corridors.

*fintech · news · 2026-05-07 · Crypto News*

## Key points

- Bakkt and Zoth will jointly build stablecoin payment infrastructure for remittance corridors across major regions.
- Zoth will operate as an Authorized Agent using Bakkt’s pan-U.S. licensing, including a New York BitLicense.
- The partnership aims to move Zoth's payment volumes from $300 million to $1 billion annually.
- The initial focus will be U.S. to South Asia, the Philippines, Nigeria, and UAE-to-South Asia remittance routes.
- Bakkt’s DTR acquisition enables 24/7 stablecoin settlement networks, advancing institutional finance capabilities.

**Companies:** Bakkt Inc., Zoth
**Countries:** United States, Singapore, Philippines, Nigeria, United Arab Emirates, Uganda, Kenya, Ghana, South Africa

[Read the full story on Crypto News](https://crypto.news/bakkt-and-zoth-partner-to-target-the-south-asia-remittance-market-with-stablecoins/)

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