The post Zeebu Surpasses US$2Bln in Total Payments Volume appeared on BitcoinEthereumNews.com.

Zeebu has exceeded US$2 billion in total payment volume, marking a significant milestone in its journey as a leading blockchain-based payments platform. This achievement highlights Zeebu’s impressive growth trajectory and its influence in driving the adoption of decentralized financial solutions across the telecom industry.  In just a few months following the launch of Zeebu’s on-chain settlement platform, the company impressively managed to settle thousands of invoices, rapidly progressing from an initial $1 billion to now surpassing $2 billion in transactions. This growth underscores the platform’s scalability and the robust demand for its services.  Zeebu has become a pivotal player in blockchain-based settlements for the telecom sector, offering an instant payment and settlement solution that significantly reduces transaction times from days to minutes and cuts out intermediaries through the use of smart contract technology.  The core of Zeebu’s innovation is the ZBU Token, which not only facilitates global transactions but also enhances participant engagement through a loyalty and rewards system. This tokenization strategy effectively tackles common financial hurdles like high fees, delays in remittance, and issues with currency exchange, making it an ideal solution for cross-border settlements.  The platform’s usage has expanded substantially, with a growing number of telecom carriers and businesses leveraging Zeebu’s capabilities. As the platform evolves, Zeebu continues to attract new users who recognize its benefits, reinforcing its position as a trusted and leading payment platform in the market.  The data from Zeebu’s dashboard reveals that the overall transaction volume on the platform has already crossed over $2 Billion. At the time of writing, the number of invoices settled stands at 32k+, with total users around 465.   Some of the company’s achievements this year included two massive token burn events and participation in leading telecom and Web3 events across the globe. The first token burn occurred in February…

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Filed under: News - @ May 19, 2024 10:16 am