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Zero Hash is a founding infrastructure partner for Universal Money Addresses

 

Nov 01, 2023 | Blog | News | 2 mins read

Zero Hash will facilitate access to Universal Money Addresses (UMAs) to send money instantly and settle via the Lightning Network — a step forward for international payments and money transfers

CHICAGO, Oct. 23, 2023 (GLOBE NEWSWIRE) — Today, Zero Hash, the leading crypto infrastructure platform, announced it is a founding infrastructure partner of Universal Money Addresses (UMAs). The Universal Money Address (UMA) standard is a new open-source standard. It combines human-readable Lightning Addresses with real-time, global payment rails to make sending money, fiat or crypto as easy as sending an email.

This is a step forward for international payments and money transfers. UMA is just like e-mail, but for money. Zero Hash will provide its trusted and sophisticated crypto infrastructure to enable companies to embed UMAs into their customer experience, offering near real-time, low-cost, cross-border payment rails for their users.

Zero Hash’s full stack API provides regulated liquidity, custody and settlement to enable end users to onramp to UMA seamlessly and compliantly.

“We’re excited to bring Universal Money Addresses to our customers,” said Edward Woodford, Founder and CEO of Zero Hash. “Zero Hash has been an innovator in building crypto infrastructure that enables any platform to embed crypto products natively and control their customers’ experience. Being invited as a founding infrastructure partner to UMA, is further validation of Zero Hash’s trusted and innovative capabilities in the crypto-as-a-service category.”

“Zero Hash has proven capabilities and will play a vital role in simplifying the journey for users to onramp to UMA to experience the transformational benefits of 24/7, near real-time instant money movement worldwide,” said David Marcus, Co-Founder and CEO of Lightspark.

Read the full press release

Shaun Okeeffe