Zebec Network Reports Higher Payroll and Card Volumes in November, Signals ZBCN Tokenomics Update

Divyanshi Seth
By Divyanshi Seth 3 Min Read
Zebec Network’s ZBCN Token

Zebec Network’s payroll and card activity increased in November as usage across its payments platform expanded. The company also said it plans to announce updates to the ZBCN token’s economics following the rise in transaction volumes.

In a monthly performance update shared this week, Zebec reported $47 million in payroll volume on a monthly basis, with $23.5 million processed bi-weekly. The company said it served 12,600 employees during November and worked with 239 enterprise clients across its payroll network.

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Zebec Processes $47M in Payroll and $61.4M in Card Transactions in November
Source: X

The reported activity follows a series of infrastructure and product developments announced by Zebec in recent months, including expanded real-time payment capabilities, embedded wallet integrations, and new connectivity tools designed to support global payroll delivery.

Zebec’s Card Activity Spans Nearly 100 Countries

Zebec’s November payroll volume of $47M followed $46M in September and $45M in August, based on the company’s monthly disclosures. Employee coverage expanded to 12,600, up from 12,300 in September and 12,000 in August.

Enterprise client count also increased modestly over the same period, rising from 234 in August to 236 in September, before reaching 239 in November.

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Zebec said card usage also increased during November across its Black, Silver, and Carbon card products. According to the company, card transaction volume reached $61.4 million, calculated on a rolling four-week annualized basis.

The company reported issuing 20,298 cards, with card usage recorded across 97 countries.  Zebec cards are linked to its payroll and wallet infrastructure and can be used anywhere Mastercard is accepted, according to the company.

Embedded Wallets Remain a Core Product Focus

Alongside the volume update, Zebec reiterated its focus on embedded wallet infrastructure. In a separate post, the company said payroll, payments, and commerce increasingly operate through embedded wallets, allowing users to access financial services without directly interacting with traditional crypto interfaces.

Zebec said its objective is to deliver real-time, on-chain financial flows that function seamlessly for end users, without relying on conventional banking systems. The company has previously said embedded wallets play a central role in simplifying onboarding and daily usage.

Zebec also announced plans to release updated ZBCN tokenomics as network usage continues to rise across payroll and card services. The company did not disclose a timeline or specify which aspects of the token’s design may change.

At the time of writing, ZBCN price stands at $0.002505, up 0.11% over the past 24 hours, according to CoinMarketCap data. The token’s market capitalization stood at $192.25M, while 24-hour trading volume declined 31.35% to $6.13M.

ZBCN/USD Daily Price Chart
ZBCN/USD Daily Price Chart. Source: CoinMarketCap

ZBCN’s circulating supply was listed at 76.73B tokens, with a fully diluted valuation of $250.54M. Holder count remained broadly stable at 89,640 addresses.

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Divyanshi Crypto Journalist CoinChapter

Divyanshi Seth

Divyanshi Seth is a Crypto News Journalist at CoinChapter with a master’s degree in Journalism and Mass Communication. When the 2021 crypto rally made global headlines, her curiosity led her to research blockchain technology and digital assets. That interest evolved into a career, with a focus on BTC, XRP, ADA, Dogecoin, Shiba Inu. Over the past 3 years, she has authored more than 1,000 articles, focusing primarily on ADA, Dogecoin, Shiba Inu, XRP, and Bitcoin. Divyanshi holds Bitcoin and Solana.