Zebec Network reported more than $400 million in annual payroll volume and expanded usage across 12,000 employees, 250 enterprise clients, and 65,000 issued payment cards, according to data released by the company. The figures come as the platform’s new payment infrastructure — connected to the U.S. banking system through NatPay and the Federal Reserve’s FedNow network — began operating in November.
The company said its system now supports stablecoin payroll, real-time wage streaming and multi-asset settlements using more than 60 Solana-based tokens. Zebec originally launched as a continuous-settlement protocol on Solana in 2021, enabling per-second payroll and programmable money flows.
Zebec’s $400 million annual payroll volume is still lower than the larger crypto-payment processors. Request Finance reported $36.6 million in crypto payments processed in March 2025 and said it had crossed $1 billion in total payment volume since launch. These payments include invoices, salaries, and general business transactions, without a specific breakdown for payroll.
However, another competitor Bitwage states that it has processed more than $400 million in payroll payments since its inception in 2014 and serves over 90,000 workers across 4,500 companies. The company have not published recent annual totals yet.
FedNow and NatPay Integration Expands Network’s Reach
In November, Zebec activated an integration with National Payment Corporation (NatPay), a payroll processor serving more than 300,000 U.S. businesses. NatPay processes over $170 billion in annual payroll volume, and the integration connects Zebec to more than 8,500 U.S. banks through the FedNow real-time payment rail.
The system uses ISO 20022-compliant messaging, allowing stablecoin-based payroll initiated through Zebec to settle instantly into bank accounts participating in FedNow. The company said this infrastructure “went live” for its users and for holders of its ZBCN token as part of the rollout.
Zebec’s reported metrics add to a broader increase in Solana-based payment activity throughout 2024 and 2025. Zebec said its card program processed more than $50 million in annual spending, allowing users to convert on-chain payroll assets into fiat for everyday purchases.
The company said its client includes both Web3-native companies and traditional businesses using stablecoins for contractor payments, payroll distribution, or cross-border transfers. Public materials show Zebec supports programmable payroll, batch and real-time payments, global payouts and multi-asset employer disbursements.
Zebec’s Growing Position Within Solana’s PayFi System
Zebec operates within Solana’s “PayFi” segment, which includes payment-focused applications using Solana’s high-throughput network for real-world financial transactions. Data from Zebec shows cumulative payroll processed through its platform has surpassed $500 million. The company’s recent post also noted that its infrastructure upgrade drew support from Solana ecosystem contributors.
Zebec said it will outline additional product developments at Solana Breakpoint, scheduled for December 11–13, 2025. The company has not disclosed geographic distribution of clients, asset composition of payroll flows, or details of issuer partnerships behind the 65,000 cards currently in circulation.
The latest operational update coincided with rising activity in Zebec’s native token. The ZBCN price currently stands at $0.003034, up 9.66% over the past 24 hours.
