When stablecoins are used to pay salaries, the hardest part is often not getting on-chain—it’s the last mile of cash.

Zebec (@Zebec_HQ) announced on September 9: its enterprise payroll streams on Stellar have been connected to MoneyGram Ramps. Employees/contractors first receive the streaming $USDC; when they need cash, they can exchange it for local currency at MoneyGram locations. The official statement is 480,000+ retail points, covering 170+ countries and regions—whether it can be used still depends on local compliance.

MoneyGram itself also routed that one—adding a note: Proud to handle the last mile。

My take: this is closer to real payments than yet another piece about "banks piloting their own stablecoins." On-chain settlement connects to off-chain cash withdrawal—the structure is clear. And it’s not the same as last night’s U.S. Bank cross-border pilot of $USBDC—that was run internally within the bank. This one is about routing salary streams to a cash network.

Not an investment recommendation.

#稳定币 #Payroll #Stellar #MoneyGram #Web3