Zebec Network (ZBCN), a decentralized infrastructure network focused on real-time, continuous financial streaming, payroll, and payment solutions, is excited to be selected for Stellar, a decentralized platform connecting worldwide financial systems. The basic purpose is to enable fast and global payroll payments using stablecoins. Zebec Network has revealed this news through its official social media X account.
Zebec and Stellar Enable Seamless Stablecoin Payroll Worldwide
Zebec Network is a platform that focuses on real-time payments, payroll, and streaming money, while Stellar Development Foundation is famous for fast, low-cost global payments. So, both platforms are providing their services to users for stablecoin flow all over the world. Zebec supported Stellar across its card infrastructure for more than two years.
Stellar will be used as a template or platform, which allows Zebec to pay employees and contractors in real time. In this way, earning will become easy, streamlined, continuous, instantly accessible, and used immediately. This rollout encompasses three simple steps into one seamless process, including stream earning in stablecoins (USDC), receiving funds directly into a digital wallet, and spending or cashing out globally via cards or local pickup.
Stellar Enables Instant Global Cashouts across 170+ Countries
Stellar processes hundreds of thousands of transactions daily, including more than 250000 USDC transactions. Furthermore, the volume of stablecoin is approaching tens of millions of dollars per day. The most powerful aspect of the integration of Stellar and MoneyGram is that users can freely convert digital dollars into local currency at 450000+ locations across more than 170 countries. There are no delays or the need for any banks.
The reason behind the selection of Stellar was that it is purposefully built for borderless payments. Moreover, it is among the few blockchain networks that constantly pay attention to real-world financial use cases in both its infrastructure and scale.
ShahZaib Ahmed is a seasoned Crypto Journalist passionate about cryptocurrencies, blockchain technology, and decentralized finance (DeFi). With years of experience in the industry, ShahZaib Ahmed has written extensive news articles, price analysis articles and guide articles on Cryptocurrencies, Blockchain, DeFi, NFTs, Web3, and FinTech. Known for insightful analysis and a keen understanding of market trends, he brings complex concepts to life for beginners and seasoned investors.
- ShahZaib Ahmed
- ShahZaib Ahmed
- ShahZaib Ahmed
- ShahZaib Ahmed
