AllUnity Partners With Zebec For Stablecoin Payroll With €EURAU Stablecoin
AllUnity Partners With Zebec For Stablecoin Payroll With €EURAU Stablecoin. Photo By Maryna Yazbeck On Unsplash.
Allunity has announced a partnership with Zebec to scale stablecoin adoption via payroll using the €EURAU stablecoin, according to the company's press release.
This aims to position the €EURAU stablecoin as a strong candidate of choice for paying employees and freelancers their salaries in Euros onchain, while also highlighting Zebec's ability as a platform to easily solve modern payroll workflows. Zebec also provides a range of card solutions to easily spend stablecoins.
Reacting to the news, CEO of AllUnity Alexander Höptner expressed:
“Partnering with Zebec represents a step forward in how EURAU can transform payroll and global payments enabling transparent value transfers across borders.This partnership expands our capabilities to deliver seamless, always-on payroll solutions to a global market.”
Adding to this, Co-founder and CEO of Zebec Simon Babakhani stated:
“We are thrilled to partner with AllUnity to advance payroll in the stablecoin era. With EURAU joining our expanding roster of stablecoin options, we can better serve employers in Europe while extending our payroll product beyond the U.S. to a truly global market. This collaboration reinforces our mission to make payroll borderless and instantaneous.”
Delivered by a consortium of financial leaders such as Galaxy, DWS and Flow Traders, the €EURAU stablecoin will positively contribute to the Euro's stablecoin market share, which currently sits at less than 1% in comparison to the Dollar.
Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct due diligence at all times.
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