Zepz, the digital money transfer provider behind WorldRemit and Sendwave, has announced a new cryptocurrency wallet in Solana.
summary
- Zepz, the company behind WorldRemit and Sendwave, has launched a new digital wallet with Solana.
- Sendwave Wallet allows users around the world to access peer-to-peer money solutions using USDC.
- Zepz plans to extend the solution with support for payment cards and QR codes.
Sendwave Wallet provides access to cross-border payments via stablecoins and targets users in over 100 countries, Zepz said in a press release.
According to details, Sendwave allows users to send, store, and spend USDC (USDC) on the Solana (SOL) network. The move will see Zepz, a company with over $15 billion in annual remittances, expand its services beyond traditional money transfers.
In July, Zepz partnered with USDC issuer Circle to integrate stablecoin payments into everyday usage.
“By putting USDC at the heart of Sendwave Wallet, our customers have a secure way to retain value, send money almost instantly, and spend money with confidence in their daily lives. This means putting the benefits of a trusted digital dollar directly into the hands of our communities, helping them plan, save, and build economic resilience,” said Kash Razaghi, Circle’s chief commercial officer.
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Solana’s Sendwave Wallet
Zepz leverages the network speed and transparency of the Sendwave Wallet and Solana blockchain to bring financial empowerment to the global money transfer market.
A wallet designed for everyday use, making sending money as easy as sending a message.
According to details, by working with local partners, users will be able to withdraw USDC directly into fiat currencies, and with expansions in the coming months, Zepz will add support for payment cards and QR codes, offering customers real-world payments via users’ digital balances.
With the launch of Sendwave Wallet, global regulatory efforts are clear in supporting consumer protection and innovation, increasing the adoption of stablecoins. The supply of stablecoins on the Solana blockchain has been steadily increasing over the past few months, with the supply currently exceeding $17.48 billion.
“Zeps’ vision of making global money transfers a reality, defined by unparalleled speed, unwavering security, and universal affordability, is uniquely possible with Solana,” said Solana Foundation President Lily Liu.
The announcement follows Zepz’s partnership with Circle in July to integrate USDC into backend payments, a move aimed at improving liquidity management and reducing settlement times.
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