Singapore, March 14, 2022 — Bitget, a leading global derivatives exchange, has announced the listing of Zebec, a continuous settlement and multi-signature protocol based on Solana’s blockchain. The Zebec (ZBC) and Tether (USDT) trading pair on Bitget will be available to traders after March 16, at 10:00 am UTC.
Zebec utilizes decentralized payment mechanisms to transform and simplify traditional financial systems, delivering real-time transaction settlements. Decentralized payment mechanisms allow for third-party interference transaction fees to be minimized for minimum transaction fees and the fastest gateway for payments.
“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 decentralized finance (DeFi) ecosystems,” said Sandra Lou, CEO of Bitget.
“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,” said Lou.
By leveraging the essence of irreversibility and transparency, Zebec allows continuous settlements with high liquidity that enrich token productivity upon mass adoption. The first application offered by Zebec, Zebec Pay, is a low-fee payroll solution that allows employees to be paid instantly in USD Coin (USDC) or other stablecoins, permitting access to funds simultaneously. Employees can also easily allocate a portion of their paychecks to compliant crypto retirement and 401k accounts.
Zebec houses an ecosystem of more than 250 projects building solutions. As a multi-signature treasury-management solution, it is also the world’s first on-chain payroll product with tax features. Zebec has raised $21 million from industry titans such as Coinbase Ventures, Solana Ventures, Lightspeed Ventures, Alameda Capital and more. Zebec was founded by Sam Thapaliya, who owns four United States patents and the co-founder of ASMI Corp — an artificial intelligence and video-analytics platform.
“We’re extremely excited to open up corridors for Bitget’s users to invest in our vision of disrupting the current existing payment systems,” said Thapaliya.
Bitget’s launchpad provides an exclusive opportunity for users to receive early access to projects with high potential. Since its inception, various projects have been launched and met with positive feedback. The launchpad will be a crucial focus for Bitget in continuing its dedication to the large-scale development of crypto and blockchain.
For more information, refer to this announcement.
About Bitget
Bitget is a leading global cryptocurrency exchange established in July 2018. Serving more than 2 million customers in 50 countries, Bitget aims to contribute to the adoption of decentralized finance on a global scale. Since its launch, Bitget has become the world’s largest crypto copy-trading platform through the gaining popularity of its flagship one-click copy trade products. According to CoinMarketCap, Bitget was ranked third globally in derivatives volume as of January 2022. Adhering closely to its mission of “Better trading, better life,” Bitget is committed to providing comprehensive and secure trading solutions to its users worldwide. In September 2021, Bitget announced the sponsorship of world-renowned football team Juventus as its first-ever sleeve partner and PGL Major’s official esports crypto partner. Partnerships with leading Russian esports organization Team Spirit and Turkey’s leading and long-standing football club Galatasaray were also announced in early 2022.
For more details about Bitget, visit the website.
About Zebec
Zebec is a continuous settlement protocol for transforming payroll, cash flow and token-vesting by allowing users to send payments and distributions every second. It’s launching the world’s first on-chain payroll product with full tax withholding built-in and the first debit card for Solana wallets. Zebec is a revolutionary DeFi technology with real-time, frictionless and continuous streams of payments. The automatic money streams made possible through Zebec allow businesses, employees and consumers to completely reimagine payment, investment and purchase methods.
For more information, visit the website.