Stellar blockchain sees 22% XLM surge as Zebec launches global payroll platform
Fintech firm Zebec has rolled out an enterprise payroll solution on the Stellar blockchain, allowing employers to pay salaries and contractor fees in stablecoins that can be spent instantly via Mastercard‑linked cards or converted to local currencies. The platform, which includes a new corporate dashboard for HR teams, is being piloted with several European institutions and multinational employers.
Coinciding with the announcement, Stellar’s native token XLM rose more than 22% in a 24‑hour period, trading around $0.22 with a daily volume exceeding $800 million. Market data also shows rising total‑value‑locked, a 50% increase in developer activity and a sharp jump in XLM futures volume, indicating growing ecosystem momentum.
The integration provides one of the first large‑scale blockchain payroll use cases, highlighting Stellar’s expanding role in cross‑border payments and highlighting the token’s recent price performance.