Zebec’s first application is Zebec Pay which offers a low-fee payroll solution that enables employees to be paid instantly, in USDC or other stablecoins.
Bitget will be listing the Zebec Protocol (ZBC) on its exchange, with the ZBC/USDT trading pair being available to traders from March 16, 10 AM (UTC) onwards.
Zebec Protocol (ZBC) is a continuous settlement protocol and Multisig based on Solana’s blockchain that uses decentralized payment mechanisms to transform and simplify traditional financial systems.
Decentralized payment mechanisms allow for third-party interference transaction fees to be minimized, with minimum transaction fees and the fastest gateway for payments.
Zebec leverages the essence of irreversibility and transparency to enable continuous settlements with high liquidity that enrich token productivity upon mass adoption.
Zebec’s first application is Zebec Pay which offers a low-fee payroll solution that enables employees to be paid instantly, in USDC or other stablecoins. Employees can also easily allocate a portion of their paycheck to compliant crypto IRA & 401k accounts.
Sandra Lou, Chief Executive Officer at Bitget, said: “Zebec has an excellent track record in creating hybrid products that are essential for crypto’s mass adoption. We believe the future of crypto relies heavily on emerging projects building on top of DeFi ecosystems.”
“To accelerate this growth, we’re providing a platform for projects building on layer 2 solutions to fetch the support they require. We are extremely excited to be further bridging the gap between traditional finance and crypto with enhanced DeFi solutions. As we ramp up the development of our Launchpad, we are eager to introduce more promising projects to our community”
Zebec is an ecosystem with an ecosystem that boasts more than 250 projects. The multisig treasury management solution is an on-chain payroll product with tax features. Zebec has raised $21M from Coinbase Ventures, Solana, Lightspeed, Alameda Capital, and more.
Sam Thapaliya, Co-founder and CEO at Zebec Protocol, commented: “We’re extremely excited to open up corridors for Bitget’s users to invest in our vision of disrupting the current existing payment systems.”
Zebec’s chief executive Thapaliya has previously co-founded ASMI Corp, an AI and video analytics platform, and has four US patents to his name.
Bitget has recently announced its derivatives exchange has grown by over 300% year over year, having reached an all-time high of #8.69 billion as of 28 February 2022.
Ranked fifth globally in terms of its trading volume, according to CoinMarketCap, Bitget’s volumes have been driven by the rapid expansion across global markets. In the past 12 months, Bitget has also grown its user base from 1.1 million to 2 million users worldwide.