Zerohash alternative for international payment infrastructure

Zerohash and Cybrid both help businesses move money with stablecoins and fiat through a single API. They share a lot of ground and differ in where each one is licensed, which corridors each one publishes, and what each one is built around at the core. This page is a factual side by side for teams evaluating stablecoin infrastructure for remittance flows and B2B cross-border payments.

Claims checked against the sources below on 12 November 2026. Where this page says a capability is not documented, it means not publicly documented at the time of writing. Spotted something out of date? Let us know and we will fix it.

‍

When to pick Zerohash

• You want direct US licensing across all 51 US jurisdictions, including a New York BitLicense, held by Zerohash's own entities.
• You need EU coverage today under MiCAR. Zerohash secured MiCAR authorisation in November 2025, with reported passporting to 30 EEA countries.
• You need Australia and New Zealand coverage. Zerohash Australia is AUSTRAC registered as a Digital Currency Exchange Provider; the New Zealand entity is an FSP.
• Your use case is primarily embedded crypto brokerage (buying, selling, custody of 100 plus assets) and stablecoin payouts is a complementary rail.
• You want a provider with a North Carolina chartered trust company (zerohash Trust Company LLC) for custody.

‍

When to pick Cybrid

• You move money in and out of Canada and need a provider that is a registered PSP under the Retail Payment Activities Act. Zerohash LLC is FINTRAC MSB registered but we could not find a public RPAA PSP registration.
• You serve remittance flows or B2B payouts into Latin America and want a provider that can open US-domiciled bank accounts for your LATAM business customers, with no US entity required (Foreign US Accounts for businesses registered in Brazil, Colombia, Ecuador, Mexico, plus Canada, Nigeria, and the UK).
• You send US or Canada to India remittance volume. Cybrid runs a strong North America to India corridor with direct INR payouts into Indian bank accounts and UPI.
• You want a published payout corridor approach rather than a "contact us for the full list" model.
• You want a vendor whose ownership is not currently the subject of acquisition reports.

‍

Zerohash and Cybrid, side by side

Core positioning. Zerohash's historical core is embedded crypto brokerage, custody, and settlement for financial platforms, with Stablecoin Payouts launched as a dedicated product line in September 2024. Cybrid is built around stablecoin and fiat payment orchestration for remittance and B2B flows across North America.

Fiat corridors. Zerohash does not publish a complete list of supported countries and local payment networks. Its own docs name examples including the UAE, Saudi Arabia, the Netherlands, Germany, and Poland, and ask prospects to contact Zerohash for the full list. Cybrid publishes its supported corridors, with a strong focus on US and Canada inbound and outbound, Foreign US Accounts for LATAM and selected other markets, and a direct India corridor with INR payouts and UPI.

Stablecoins. Zerohash supports USDC across 10 plus chains, PYUSD, and RLUSD in public materials, with the full list available on request. Cybrid supports USDC, USDT, and CADD (the Canadian dollar stablecoin).

Settlement model. Zerohash documents a "stablecoin sandwich" (fiat into stablecoin into fiat) approach for cross-border payouts and remittances. Cybrid operates fiat and stablecoin legs on a single orchestration API for remittance and B2B flows settling into North American or LATAM accounts, or through its India corridor.

Licences and registrations. Zerohash entities (zerohash LLC, zerohash Liquidity Services LLC, zerohash Trust Company LLC) are separately FinCEN registered as MSBs. Zerohash's own 2020 announcement states operation across 51 US jurisdictions, with NYDFS BitLicense and Money Transmitter License held by zerohash LLC. Zerohash holds MiCAR authorisation in the EU (November 2025), AUSTRAC registration in Australia, and FSP registration in New Zealand. Zerohash LLC is FINTRAC MSB registered per Zerohash's own FAQ.

Cybrid is registered with FINTRAC as an MSB and is a registered PSP under the Retail Payment Activities Act in Canada. In the US, Cybrid provides accounts and payment services through licensed partner banks.

Ownership. Zerohash raised a $104M Series D-2 in September 2025 at a $1B valuation, led by Interactive Brokers, with Morgan Stanley, SoFi, and Apollo-managed funds participating. Mastercard was reported in late October and early November 2025 to be in advanced talks to acquire Zerohash at a reported $1.5B to $2B. These are reported talks, not a confirmed transaction as of 12 November 2026. Cybrid is an independent company.

Published customers. Zerohash publicly references Interactive Brokers, Gusto (stablecoin payouts beta announced January 2026), and Remote among others. Cybrid serves regulated fintechs, remittance companies, and B2B payment platforms in the US and Canada.

‍

Where Zerohash is ahead

• Direct state money transmitter licensing and NYDFS BitLicense held by Zerohash's own entities.
• MiCAR authorisation in the EU with reported 30 EEA country passporting.
• Separate licensed entities in Australia (AUSTRAC) and New Zealand (FSP).
• A chartered trust company (zerohash Trust Company LLC) for custody.
• Embedded crypto brokerage and trading infrastructure across 100 plus assets.
• Scale, with Zerohash reporting $65B plus in settled volume and approximately 7M end clients by August 2026.

‍

Where Cybrid fits

• North American licensing on both sides of the border, including FINTRAC MSB and RPAA PSP registrations in Canada.
• Foreign US Accounts for LATAM businesses, letting your customers in Brazil, Colombia, Ecuador, and Mexico receive ACH and wire payments into real US domiciled accounts in their own legal name without forming a US entity. Canada, Nigeria, and the UK are also supported today.
• A strong US and Canada to India corridor, with direct INR payouts into Indian bank accounts and UPI, for remittance and B2B flows.
• A payment orchestration product built around cross-border payouts rather than crypto brokerage.
• A published payout corridor approach rather than a "contact us for the list" model.
• Independent ownership. No active acquisition talks with a payment network.

‍

Point by point

‍

FAQ

Is Cybrid a direct Zerohash replacement? For remittance and B2B cross-border payout flows into North American or LATAM accounts, and for the US and Canada to India corridor, yes. For embedded crypto brokerage, custody, or EU flows requiring MiCAR authorisation today, Zerohash covers ground Cybrid does not.

‍Does Cybrid hold its own US money transmitter licences? Cybrid operates its US payment rails through licensed partner banks that are regulated and supervised by US federal and state banking authorities.

‍Can Cybrid open US bank accounts for a business that is not US domiciled? Yes. Business customers registered in Brazil, Colombia, Ecuador, Mexico, Canada, Nigeria, or the UK can be onboarded into US domiciled accounts without forming a US entity.

‍What stablecoins does Cybrid support? USDC, USDT, and CADD.

‍Who owns Cybrid? Cybrid is an independent company with no active acquisition process disclosed.

‍