Provider at a glance
- Category
- Stablecoin Settlement
- Entity
- Not verified
- Official website
- zerohash.com
Independent rankingchecked How it works
Details
Scored 73 out of 100 under methodology 2026.10.18, from the evidence read in September 2026.
Zero Hash
Crypto and stablecoin infrastructure API
Stablecoin Settlement
#4 Overall
Ranked #4 of 7 stablecoin settlement in the published ranking
73
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
Is Zero Hash right for you?
Right for you if these matter most
- Whose Licence the Platform Operates Under8/10, the category best
Look elsewhere if these come first
- Where the Platform's Float Legally Sits4/10 here; Circle Payments Network scores 7
- Published Wholesale Price4/10 here; Bridge.xyz scores 5
- Settlement Finality and Failure Handling6/10 here; Bridge.xyz scores 9
Not yet tested for your country. Markets it lists: Global.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best settlement provider shows where it lands for you.
What will Zero Hash cost you?
Not priced on this basis
- Payments per month
- 500
- Average payment
- $100
How safe is Zero Hash?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read September 2026.
- LicenceMiCA (EU): no register record on file here.
- On the registersMiCA: authorised, zerohash europe B.V. (NL, since 2025-10-29). Read 3 November 2026. Open the registerNYDFS BitLicense: authorised, zerohash llc (US-NY, since 2019-07). Read 3 November 2026. Register
Alternatives to Zero Hash
Compare all 4- 2Bridge.xyz5 points above · stronger on settlement finality (9 against 6)78
- 3Circle Payments Network5 points above · stronger on float custody (7 against 4)78
- 5dLocal6 points below · stronger on wholesale price published (5 against 4)67
For your setup
Find out if Zero Hash fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Zero Hash lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best settlement providerNothing is inferred from clicks, popularity or commercial value.
Why this rank
Why Zero Hash ranks #4
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (17.3 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 1 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
304+3.845.07#6/7Loading evidence…
254+3.205.06#6/7Loading evidence…
258+6.407.08#1/7Loading evidence…
206+3.846.09#3/7Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin−5behind Circle Payments Network, #3
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 71–75 and stays #4
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Zero Hash’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
Where the Platform's Float Legally Sits 4 → 8 on its ladder · passes Circle Payments Network+480#4 → #2
Published Wholesale Price 4 → 8 on its ladder · passes Circle Payments Network+479#4 → #2
Where the Platform's Float Legally Sits 4 → 1 on its ladder · dLocal passes it−367#4 → #5
Published Wholesale Price 4 → 0 on its ladder · dLocal passes it−466#4 → #5
Whose Licence the Platform Operates Under 8 → 4 on its ladder · dLocal passes it−466#4 → #5
Smallest climb: where the Platform's Float Legally Sits 4 → 8 passes Circle Payments Network, #3.
Strengths
1 from the score dataWhere it leads
Best for readers who weight
- Whose Licence the Platform Operates Under — 8/10, the category best
Tradeoffs
3 from the score dataWhere it trails
Not for readers who put first
- Where the Platform's Float Legally Sits — 4/10 against a category best of 7/10
- Published Wholesale Price — 4/10 against a category best of 6/10
- Settlement Finality and Failure Handling — 6/10 against a category best of 9/10
Record watch-outs
- You cannot find out where your money sits, and the one number you can find does not survive its own arithmetic. zerohash does not always require a float or a loss reserve; the funding-models page conditions both — "Whether it is required depends on the model", "No float balance is required for Pre-funded", and "RTP payments do not require a loss reserve, as RTP transactions are final once settled". Where a float IS required (On-demand and Instant USD), the 3–4 days figure holds, and it is a balance zerohash can unilaterally draw down: "zerohash will seize it from the participant account, liquidate it, and recover any losses from the Platform’s float account." You fund it by wiring cash into zerohash's own account with the memo "{platform_code}-FLOAT" — there is no account in your name. No published surface names the bank that holds that USD, states any safeguarding or client-money wrapper over it, or says what happens to it if zerohash llc fails. The asset leg IS properly wrapped — zerohash trust company llc is a real NCCOB-chartered non-depository trust company acting as qualified custodian in a fiduciary capacity — but that protection does not visibly extend to your fiat float, and the company's own NY risk disclosure warns that "Any bond or trust account maintained by zerohash or any of its subsidiaries or affiliates for the benefit of its customers may not be sufficient to cover all losses incurred by customers." Separately, treat the docs' FX example with suspicion: the sample quote labels "disclosed_spread_rate": "1.5" as being "in basis points", but the accompanying figures — a spread of 1.88 on a total of 125 — work out to 1.504 percent, roughly 150 bps; at 1.5 bps the spread would be under two cents. Do not size a business case off it; get the spread, the per-payout fee and the corridor list in the contract. On the plus side, the licence disclosure is unusually strong: numbered authorisations across the US, Canada, Bermuda, Argentina, the Netherlands, Australia and New Zealand, with the two New York entries confirmed on the NYDFS register. Title verified 2026-08-13 against the contract itself: the platform keeps title. "Title to your Digital Assets and Fiat Currency shall at all times remain with you and shall not transfer to zerohash or its Sub-Custodians." (https://cdn.prod.website-files.com/68c59605946d2fed8ac8bccb/69e68af39cd98bf0f39807fe_Useragreement.pdf) "All interests in Digital Assets and Fiat Currency that zerohash or its Sub-Custodians hold in Hosted Wallets or Omnibus Accounts are held for customers, are not property of zerohash or its Sub-Custodians, and are not subject to claims of zerohash’s or its Sub-Custodians’ creditors." (https://cdn.prod.website-files.com/68c59605946d2fed8ac8bccb/69e68af39cd98bf0f39807fe_Useragreement.pdf)
Competitive position
Where Zero Hash leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#1 / 714.0 of 20 · constant here
Published criteria#4 / 713.0 of 30 · best 15.8
Friction#1 / 72.7 of 10 · constant here
Trust record#1 / 73.2 of 8 · constant here
Measured data#1 / 79.7 of 18 · pool best
Where Zero Hash leads
- Whose Licence the Platform Operates Under#1 / 7
- Settlement Finality and Failure Handling#3 / 7
Where it trails
- Where the Platform's Float Legally Sits#6 / 7
- Published Wholesale Price#6 / 7
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Circle Payments Network#3 of 7 · score 78 · 5.0 points ahead
Zero Hash leads on
- Whose Licence the Platform Operates Under8 vs 7
Circle Payments Network leads on
- Where the Platform's Float Legally Sits7 vs 4
- Published Wholesale Price5 vs 4
Largest single reason Circle Payments Network is ahead: published criteria (+5.5 display points).Scenario cost: Circle Payments Network has no verified pricing for this scenario.
Bridge.xyz#2 of 7 · score 78 · 5.0 points ahead
Zero Hash leads on
- Whose Licence the Platform Operates Under8 vs 7
Bridge.xyz leads on
- Where the Platform's Float Legally Sits5 vs 4
- Published Wholesale Price5 vs 4
- Settlement Finality and Failure Handling9 vs 6
Largest single reason Bridge.xyz is ahead: published criteria (+5.5 display points).Scenario cost: Bridge.xyz has no verified pricing for this scenario.
dLocal#5 of 7 · score 67 · 6.0 points behind
Zero Hash leads on
- Whose Licence the Platform Operates Under8 vs 5
- Settlement Finality and Failure Handling6 vs 4
dLocal leads on
- Published Wholesale Price5 vs 4
Largest single reason Zero Hash is ahead: published criteria (+5.7 display points).Scenario cost: dLocal has no verified pricing for this scenario.
Against the leader
80 vs 73 · gap 7.0Why BVNK ranks above Zero Hash
The compare workspace's arithmetic applied to these two rows. Each dimension's share of the gap is its weight × the difference, on the displayed scale — it reproduces the displayed gap of 7.0 to within rounding.
DimensionThisBVNKGap share
Availability · 23% weight · constant here14.014.0same
Published criteria · 35% weight13.015.8−7.3, worse
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight9.79.7same
Published criterionThisBVNKPoints
Where the Platform's Float Legally Sits · w3045−0.96, worse
Published Wholesale Price · w2546−1.60, worse
Settlement Finality and Failure Handling · w2068−1.28, worse
Net7380−7.0
Your scenario
Zero Hash is not priced for this scenario
Percentage and fixed legs on each payment, for a year. Excludes chargebacks, FX markup and settlement fees priced separately. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
Payments per month · your input500
Average payment · your input$100
Rate read from the provider’s published pricing ↗ on 28 September 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
Not priced on this basis
Under the default inputs · USDCategory medianNot priced0 of 7 rows priced
Cheapest pricedNone pricedDifference not stated · availability not applied — set your country to filter
7 of 7 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
Evidence read 28 September 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #4 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.The newest evidence read on the platform is 3 November 2026; this category's reading is older. The scores stand as read on 28 September 2026.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
Where the Platform's Float Legally Sitsstrength 4 · weight 30Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Published Wholesale Pricestrength 4 · weight 25Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Whose Licence the Platform Operates Understrength 8 · weight 25Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Settlement Finality and Failure Handlingstrength 6 · weight 20Report an error—28 September 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Custody failure (Zero Hash 4/10): whoever holds the assets loses or withholds them.Scored by Where the Platform's Float Legally Sits · 30%
- Regulatory failure (Zero Hash 8/10): no licence where you are, or a forced market exit.Scored by Whose Licence the Platform Operates Under · 25%
- Execution failure (Zero Hash 6/10): you get a worse price, later, or nothing.Scored by Settlement Finality and Failure Handling · 20%
Not assessed by this ranking: Control failure, Liveness failure, Insolvency failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Published Wholesale Price (25%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- NO WHOLESALE RATE CARD IS PUBLISHED. The vendor's own pricing page in the developer docs, https://
docs .zerohash .com /docs /fees (fetched 28 September 2026, HTTP 200, page title "Pricing", updated_at 31 March 2026), reads in its entirety: "Speak to a zerohash representative directly to engage in pricing discussions." followed by "Please reach out to your contact at zerohash over email, slack, or other preferred contact method." On the cross-border settlement leg, https:// docs .zerohash .com /docs /fiat-remittances-stablecoin-sandwich (fetched 28 September 2026) shows only a sample API response annotated "the spread that the Platform and Zero Hash collectively collect" ("disclosed_spread": "1.88") and "the spread rate (in basis points) that the Platform and Zero Hash collectively decide to charge" ("disclosed_spread_rate": "1.5"); this is a negotiated sample, not a rate card, and its unit does not survive its own arithmetic (our calculation: 1.88 on the sample's "total": "125" USD is 1.504%, about 150 bps, not 1.5 bps). The only standing bps figure in the docs, https:// docs .zerohash .com /docs /transaction-fees, is a regulatory ceiling on what a platform may charge its own end customer, not a zerohash price: "New York (NY): 7.5% or 750 bps". The EU execution disclosure (https:// zerohash .com /disclosures /pricing-and-fees) gives a spread "bandwidth" of "100 - 400 bps" prefixed "eg." for zerohash europe BV's trading book, not wholesale settlement, and is not scored. No per-payout fee, monthly minimum or volume tier carrying a figure appears on any zerohash surface re-read on 28 September 2026; cost cannot be compared before a sales conversation.Zero Hash — official pricing page ↗ · 28 September 2026 - Prices published in
- USDZero Hash — official pricing page ↗ · 28 September 2026
- Licences held
- European Union: Registration / authorisation, United States: Registration / authorisation, Australia: Registration / authorisation
- Compliance level
- full
- Regulatory note
- Published at https://
docs .zerohash .com /page /us-licenses-and-disclosures (re-fetched 13 August 2026, HTTP 200, updated_at 2026-06-25T15:10:01.000Z) as a state-by-state table giving licence type, licence number and the issuing agency's postal address. - Supported chains
- Algorand, Aptos, Arbitrum, Avalanche C-Chain, Base, Binance Smart Chain, Bitcoin (Bitcoin Network), Bitcoin (Lightning Network), Bitcoin Cash, Canton Network, Cardano, Celestia, Celo, Dogecoin, Ethereum, Ethereum Classic, Filecoin, Hedera Hashgraph, HyperEVM, Litecoin, Monad, MultiversX, NEAR Protocol, NEM, Optimism, Plasma, Polkadot, Polygon, Ripple, Robinhood Chain, SEI, Solana, Stellar, SUI, Tezos, The open network, TRON, Worldchain, ZK Sync, Stablecoins per the production asset list: USDC, USDT, DAI, PYUSD, RLUSD, USDG, USD1, USDP, USDS, EURC, Settlement-leg example named in the cross-border docs: USDC.POLYGON and USDC on SOL
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- Not published
- Operating limits
- Not published
- Availability note
- Not published
No confirmed legal entity is on file for this record. Nothing is inferred from the brand name.
If something goes wrong with Zero Hash: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
9 methodology entries
- 28 September 2026Current verified snapshot · methodology 2026.10.18Score 73, #4 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
- 16 September 2026
2026.09.15Dimension scores carry tenths, and eleven more categories are re-read from primary sources · platform-wide- changed Dimension scores resolve to tenths of a point (O-04b), and weightedTotal is rounded to six decimal places before the order is read. 518 published scores move across 107 categories that were not re-read; none of them moves by more than 4 points, and most move by 1.
- fixed 66 published scores change in the eleven re-read categories, against a verbatim source each. The largest moves are Reflexer RAI (−16), Beefy and Unrekt (−11), Aztec (−10) and Golem (+9) — all of them rows whose sources had moved since their last read.
- changed Published order moves in 38 of 119 categories and three #1s change: smart_contract_audits (Zellic → Certora) and travel_rule_compliance (Sumsub Travel Rule → CodeVASP) on the finer resolution, kyc_compliance (Veriff → Sumsub) on the re-read.
- added availabilitySource (O-04g): for a reader who states a country, a row whose availability in that country rests on a region tag its record gives no source for sorts below every sourced row. It is inert in every order published here, which states no country.
Methodology 2026.10.18, the same published run every visitor sees · receipt stablecoin_settlement:zero_hash:2026.10.18:b07adeeb0de1
Are you Zero Hash? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.