Zebec Network's payroll and card activity increased in November as usage of its payments platform increased. The company also said it plans to offer updates on the economics of the ZBCN token following the rise in transaction volume.
Zebec's mapping operations span nearly 100 countries. Embedded wallets remain a key product focus
In a monthly performance update released this week, Zebec reported payroll volume of $47 million on a monthly basis, with $23.5 million processed every two weeks. The company said it served 12,600 employees in November and worked with 239 enterprise customers across its payroll network.
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 recent connectivity tools to support global payroll.
Zebec's mapping operations span nearly 100 countries
Zebec's November payroll was $47 million, down from $46 million in September and $45 million in August, based on the corporate's monthly disclosures. Employee protection rose to 12,600 from 12,300 in September and 12,000 in August.
The variety of corporate customers also increased barely over the identical period, from 234 in August to 236 in September, before reaching 239 in November.
Zebec said card usage also increased in November across its Black, Silver and Carbon card products. According to the corporate, card transaction volume reached $61.4 million, calculated on a rolling four-week annual basis.
The company said it issued 20,298 cards, with card usage tracked in 97 countries. According to the corporate, Zebec cards are linked to payroll and wallet infrastructure and may be used anywhere Mastercard is accepted.
Embedded wallets remain a key product focus
In addition to the amount update, Zebec reiterated its deal with embedded wallet infrastructure. In a separate post, the corporate said payroll, payments and commerce are increasingly being processed through embedded wallets, allowing users to access financial services without directly interacting with traditional crypto interfaces.
Zebec said its goal is to offer real-time on-chain financial flows that work seamlessly for end users without counting on traditional banking systems. The company has previously stated that embedded wallets play a pivotal role in simplifying onboarding and day-to-day usage.
Zebec also announced plans to release updated ZBCN tokenomics as network usage continues to grow in payroll and card services. The company has not revealed a timeline or what points of the token design could change.
According to CoinMarketCap data, on the time of writing, ZBCN price is $0.002505, up 0.11% within the last 24 hours. The token's market cap stood at $192.25 million, while its 24-hour trading volume decreased by 31.35% to $6.13 million.
ZBCN/USD each day price chart. Source: CoinMarketCap
ZBCN's circulating supply was 76.73 billion tokens, with a completely diluted valuation of $250.54 million. The number of homeowners remained largely stable at 89,640 addresses.
