Zepz, a digital money transfer provider behind WorldRemit and Sendwave, has unveiled a new crypto wallet on Solana.
Summary
- WorldRemit and Sendwave operator Zepz launches new digital wallet on Solana.
- With the Sendwave Wallet, users around the world can access a peer-to-peer money solution with USDC.
- Zepz plans to expand the solution with support for payment cards and QR codes.
Sendwave Wallet will provide access to cross-border payments via stablecoins and target users in more than 100 countries, Zepz said in a press release.
According to details, Sendwave will allow users to send, store and spend USDC (USDC) on the Solana (SOL) network. The move will see Zepz, a company with an annual remittance volume of more than $15 billion, expand its services beyond traditional money transfers.
In July, Zepz partnered with USDC issuer Circle to integrate stablecoin payments into everyday use.
“Putting USDC at the heart of the Sendwave Wallet gives customers a secure way to hold value, send near-instantly, and spend with confidence in their everyday lives. This is about bringing the benefits of trusted digital dollars directly into the hands of communities, helping them plan, save and build financial resilience,” said Kash Razaghi, Chief Commercial Officer at Circle.
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Sendwave wallet on Solana
Zepz leverages Sendwave Wallet and the network speed and transparency of the Solana blockchain to deliver financial empowerment to the global remittances market.
The wallet is designed for everyday use and makes sending money as easy as sending a message.
According to details, through collaboration with local partners, users will be able to withdraw USDC directly into fiat currency, and through expansion in the coming months, Zepz will add support for payment cards and QR codes, bringing real payments to customers via a user’s digital balance.
The launch of Sendwave Wallet comes as stablecoin adoption grows, with global regulatory efforts providing clarity for consumer protection and support for innovation. The Solana blockchain has seen stablecoin supply steadily increase in recent months and currently stands at over $17.48 billion.
“Zepz’s vision to make global transfers a reality defined by unparalleled speed, unwavering security and universal affordability can uniquely happen on Solana,” said Lily Liu, President of the Solana Foundation.
This announcement also follows Zepz’s July collaboration with Circle to integrate USDC for backend settlement, a move aimed at improving liquidity management and shortening settlement times.
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