The Tokenized Deposit & Stablecoin Platform Built by Bankers
Hazel Network puts your institution at the center of the digital payment economy, before your customers go elsewhere.
What is Hazel?
The Hazel Network
Hazel modernizes payments with a single, unified token that works alongside your existing core without complex integration required. Inside the network, it's a standard bank deposit. Outside, it becomes a GENIUS Act-compliant stablecoin, backed one-to-one by reserves. Funds leave, get used, and return to the originating bank automatically. Compliance is enforced at the protocol level, on every transaction, 24/7. Whether you're on Jack Henry, FIS, Fiserv, or another core, Hazel runs as a sidecore, so your team keeps what works today while gaining the payment infrastructure of tomorrow.
The Hazel Network Platform
Tokenized Deposits
You keep your deposits, manage your own liability, and work with your current regulators. Tokenized deposits follow the exact same rules you already know, but they're issued on the blockchain so you can settle transactions in seconds instead of days.
Settle transactions between banks in real time
Process secure payments using smart contracts
Integrate seamlessly into your existing framework
Manage compliance easily with no new risk categories
Stablecoins
Move dollars across the country or across borders in seconds, to any counterparty, known or unknown, with full BSA and AML traceability built into every transaction.
Payments settle in seconds
Process cross-border and domestic payments at a low cost
Comprehensive BSA and AML controls to manage risk
Swap or redeem with other stablecoins
Turnkey Platform
Hazel gives financial institutions a streamlined path to modern digital settlement infrastructure without replacing existing systems or requiring deep blockchain expertise. Built as a bank-native sidecore, Hazel integrates alongside current banking operations so institutions can launch tokenized deposit and stablecoin capabilities quickly, securely, and with minimal operational disruption.
Simple integrations with existing banking infrastructure
Low-cost, low-risk implementation model
Launch participation in under a week
No blockchain operations or key management required
Designed to be accretive to existing banking relationships
Compliance & Reporting Suite
Compliance includes fraud and sanctions screening for every transaction along with a risk management toolkit to help you build your program.
Real-time AML, KYC, and OFAC transaction and wallet screening
Governance toolkit with risk assessments, policies, and training
Integration with your AML platform for unified oversight
Robust audit trails for transactions and smart contracts
Built by Banks. Powered by Proven Infrastructure.
Hazel is founded and governed by regulated financial institutions, running on infrastructure that meets the compliance and security standards banks already trust.
Hazel’s Integration Options
You built your institution on relationships and trust; Hazel’s integration paths let you extend that foundation into modern rails, linking directly to your core banking, compliance, and treasury systems.
Basic
Everything you need to get quickly started with Hazel deposit tokens and stablecoins.
Platform & Bank Console
Reserve & Operational Accounts
Token and custody management
AML/OFAC checks by Hazel
Advanced
Get more from Hazel with core posting file integration and direct customer access to the platform.
Everything in Basic Included
Bank Core Posting File Integration
File Integration into Your AML File Integration
Select Access to APIs
SSO Integration to Your Online Banking
Enterprise
Access to everything Hazel has to offer including full API access and customizations unique to your FI.
Everything in Advanced Included
Real-Time API Based AML and Fraud Integrations
Comprehensive API‑Level Data Access and Reporting
Full API Access and Real-Time Core Posting
Tightly integrate into your treasury and embedded banking platforms.
Getting Started
Intro Call
Schedule an intro call with a Hazel banker. We will walk you through the Hazel basics, show you the platform, explain what integration can look like, and answer any questions you may have. There is no commitment and Hazel is available for US banks and credit unions of all sizes.
Review & Qualification
We share information your financial institution and board will need to understand tokenized deposits including compliance briefs, risk framework documentation, and options for onboarding. Your team reviews it on your timeline. We confirm your integration tier and technical path.
Compliance & Legal Setup
Hazel provides day-one runbooks for your teams to follow, along with legal frameworks, customer deposit terms and conditions, custody documentation, and governance templates. BSA/AML, KYC/KYB, and OFAC controls are configured before you go live.
Core Integration
Hazel integrates into your bank core GL and AML platforms via file or API connectors. The Hazel side-core is accessed via a secure web portal. Customers can access their Hazel accounts through your online banking platform via an SSO connection.
Go Live on Hazel Network
When you go live as a member of the Hazel Network, you can move funds between member institutions and counterparties in real-time and at a lower cost than other payment rails. As the Hazel Network grows, so does your capability to seamlessly deliver faster, programmable payments to your customers.
Hazel News and Updates
Press releases, product updates, industry coverage, and insights from the team building Hazel; everything in one place so you can stay current as the network grows.
Participate, Vantage Bank & Custodia Announce Groundbreaking First On-Chain Loan Participation Payment Collaboration
Geolocation-Triggered Payments Made With Tokenized Bank Deposits Issued By Custodia And Vantage Bank
Vantage Bank and Custodia Announce Launch of Tokenized Deposits for U.S. Banks
TBA to offer pilot access for tokenized deposit capabilities following Vantage Bank launch - Texas Bankers Association
Participate, Vantage Bank & Custodia Announce Groundbreaking First On-Chain Loan Participation Payment Collaboration
What exactly is a tokenized deposit?
A tokenized deposit is a deposit that is recorded on a blockchain ledger rather than a legacy core ledger. For your customers, tokenized deposits look the same as a traditional deposit account, but with the ability to move instantly, 24/7, across borders, with a full audit trail and compliance screening. For your financial institution, your deposits stay on your balance sheet rather than leave to a fintech.
What is the difference between a tokenized deposit and a stablecoin?
A tokenized deposit is a liability that stays on your balance sheet and moves between financial institutions who are members of the Hazel Network. Stablecoins are funds that move outside of a regulated financial institution. They are typically backed by US Treasury securities. With Hazel, you can seamless move between deposit tokens and stablecoins with a platform that manages the entire lifecycle so you can focus on what you do best - serving your customers.
Is this FDIC-insured?
Tokenized deposits are liabilities of the issuing Member Bank. FDIC coverage depends on the specific structure, titling, and recordkeeping, something we confirm during onboarding once your setup is defined.
How does compliance work on-chain?
Every customer wallet on Hazel is onboarded by a financial institution and is pre‑approved. Transactions are screened against OFAC in real time, and smart contracts can block, hold, or freeze payments before they clear. You get a full audit trail.
What does it cost and how long does it take?
All institutions receive the same transparent pricing with no hidden fees or preferential tiers. Hazel’s governance committee reviews and sets pricing annually based on feedback and costs. Depending on your integration path, timelines range from 1–14 weeks.