Zebec Network says its stablecoin payroll product now processes about $55 million a month, according to its September report. The figure points to steady growth in a niche where crypto firms
Zebec Network says its stablecoin payroll product now processes about $55 million a month, according to its September report. The figure points to steady growth in a niche where crypto firms are trying to move from trading and speculation toward everyday payments infrastructure.
In the report, @Zebec_HQ said the payroll product now serves 16,000 employees across 271 business clients. @ZebecCards are now used in 97 countries, with 25,233 cards issued.
The numbers are higher than those in the company's first-quarter report. That report put monthly payroll volume at $49 million, serving 13,100 employees across 243 enterprise clients.The same report listed 21,626 cards issued. Measured against those figures, monthly volume has risen by roughly 12%, clients by 28 and cards issued by about 3,600. These are company-reported numbers and have not been independently audited.
The Q1 report also showed card reach was already broad. Zebec said its cards were available in 97 countries at that point, so the latest update shows deeper usage in the same footprint rather than new country coverage.
Zebec also widened MoneyGram cash pickup to more than 170 countries and territories and added several chains to its SuperApp. Zebec Network integrated MoneyGram Ramps through Stellar to make stablecoin payroll more accessible across global markets.MoneyGram says Ramps turns 480,000+ locations in 170+ countries and territories into cash-in and cash-out points, with KYC, compliance and settlement handled by MoneyGram. For workers paid in stablecoins, the link addresses a practical gap: turning digital dollars into local cash.
The $ZBCN buyback programme now runs across cards, the SuperApp and payroll. The project bought 40,536,539 ZBCN in Q3 2026, worth about $100,000, using revenue from cards and payroll.The main uncertainty remains how much revenue sits behind each quarterly purchase, according to Coingabbar's analysis. That makes payroll volume a useful but indirect gauge of token demand.
Zebec's growth in clients and employees suggests enterprise demand for real-time stablecoin payroll is building, though the company's scale remains small next to traditional payroll providers.
Sources:
crypto.news: Zebec Network reports $100,000 buyback of 40.5M ZBCN in Q3Tron Weekly: Zebec integrates MoneyGram and StellarMoneyGram Ramps
