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- Zebec Network is using stablecoins to modernize payroll with real-time payment streams.
- USDC and EURC support cross-border payroll, contractor payments, and digital spending.
- The company now processes over $500 million in annual payroll for more than 250 enterprise clients.
Zebec Network aims to change that model by introducing a stablecoin-powered payroll that delivers faster and more flexible access to wages. The company believes traditional payroll creates unnecessary costs for employers while forcing workers to wait for money they have already earned.
Instead of depending on banking hours and batch processing, Zebec has built a system that allows payments to move continuously through blockchain technology using digital currencies linked to fiat money.
Stablecoins Bring Programmable Payroll to Businesses
Zebec created a multichain payroll and payment service for companies, enabling them to start, stop, or change payroll flows as desired. Employees and contractors can get paid in any of the cryptocurrencies supported by the wallet, use payment cards to spend, or exchange funds to their local currency, if available.
Zebec uses USDC and EURC stablecoins primarily in order to facilitate payment flows through the network. Zebec chose these two currencies because they are widely adopted and reliable enough for corporate payments. At the same time, the stable nature of both coins makes the processing of payroll payments predictable and cost-effective for businesses.
The introduction of EURC extended the capabilities of the platform beyond the dollar. At the same time, when the demand from the customers went beyond Solana infrastructure, Zebec expanded its blockchain interoperability capabilities.
As the company grew, it began addressing more and more issues related to enterprise payroll and payments, such as security, compliance, payment stability, integration, and user experience. In doing so, it integrated blockchain payments with traditional payment networks, which made stablecoin payments convenient for existing enterprises.
Zebec and the Rise of Stablecoins in Enterprise Payroll
Industry dynamics have also undergone tremendous changes in recent years. The increasing level of regulatory certainty and enhanced financial infrastructure have prompted many enterprises to utilize stablecoin payments for their regular business processes rather than for speculation purposes.
Based on the figures provided by Zebec, it is currently handling over $500 million of annual payroll for more than 250 enterprise customers. These enterprises pay salaries to more than 13,000 people, while 50,000 active users use Zebec’s on/off-chain payment ecosystem monthly.
The company believes that stablecoins will become increasingly popular for cross-border payroll and payment services as a result of growing demand for more efficient transactions. Zebec intends to develop its payment ecosystem while improving payment infrastructure for fast money delivery and payroll management for foreign enterprises.
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