The Solana-based continuous cash stream protocol has been incubated to Visa’s prestigious program.
Eminent List of Incubatees
Zebec has become the first Solana-based protocol to become a part of Visa’s Fintech Fast Track Program.
The announcement was made on January 5, as the continuous and programmable cash stream protocol on the Solana blockchain got inducted into Visa’s prestigious program. Previous graduates of this program are Stripe, Chime, and Crypto.com, all of whom have grown to become highly successful.
“Advances in DeFi technology mean it’s time to transform what financial settlements look like in the 21st century. From payroll to investments, the Zebec Protocol transforms periodic transactions into continuous streaming transactions by the second. I’m incredibly proud to support Zebec’s innovative approach, and I’m excited to see them scale with adoption,” explained Ari Stiegler, managing partner of Flux Capital, an investor in Zebec, in a press release.
“By joining Visa’s Fast Track program, exciting FinTechs like Zebec Protocol gain unprecedented access to Visa experts, technology, and resources,” said Terry Angelos, SVP and global head of crypto at Visa, in a statement. “Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency. We’ve assembled a community of payment and banking technology platforms to streamline the discovery and procurement process for our clients — with the ultimate goal of accelerating adoption of digital-first innovations.”
Additionally, the payments giant Visa announced on December 21 last year that it has partnered with 60 cryptocurrency platforms in order to launch card programs that enable users to utilize digital assets at over 80 million merchant locations worldwide.
What is Zebec?
Zebec is a continuous settlement protocol built on the Solana blockchain. The protocol’s first application is Zebec Pay, a payroll solution that enables employees to be paid in stablecoins immediately and also allows them to use the funds instantly. The solution also provides digital asset services like Automated Dollar Cost Averaging, Investments & Yield-Farming, Crypto IRA & 401k Accounts, and Crypto on & off ramp services.
Find more about the Zebec Protocol here:
Source : solana.news