Categories: Crypto

Zebec crypto extends rally on Algorand integration into Zebec Cards and payroll ecosystem



Zebec crypto surged to a $0.0045 intraday high, likely driven by the integration of Algorand, which now allows ALGO tokens to be spent globally through Zebec Cards.

Zebec Network (ZBCN) price extended its rally today, reaching an intraday high of $0.0045 after closing at $0.0042 yesterday, which marked a clean breakout from the $0.00310-$0.00380 consolidation range that had capped the price action for almost three weeks. The price has now confirmed a shift in market structure, forming a higher high following the higher low established on July 18 at around $0.0028.

The potential catalyst was likely the team’s announcement that Zebec is integrating its payment technology with the Algorand (ALGO) ecosystem, enabling ALGO to be used across its card and payroll tools. The integration allows ALGO holders to spend their tokens anywhere Mastercard is accepted through Zebec Cards.

“Algorand’s security and ISO 20022 readiness set the standard for real-world crypto payments,” explained the team.

Zebec Network’s expanding integrations with multiple blockchains and the addition of new tokens has continued to drive strong performance for Zebec Cards. Just yesterday, the team reported $52 million in rolling 4-week transaction volume processed through Zebec Cards — a 7% increase — and nearly 11,900 cards issued across 97 countries.

The integration of ScienceCard, which was acquired by Zebec Network earlier this year, further contributed to this growth as it facilitated the conversion of ScienceCardUK users into the Zebec Cards ecosystem.



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

How to watch every single ‘Alien’ movie and show online in 2025

Table of Contents Table of Contents Table of Contents How many Alien movies are there?…

31 minutes ago

Coinbase misses earnings, stock tumbles 7% despite Bitcoin buying spree in Q2

Key Takeaways Coinbase stock fell 7% in after-hours trading as Q2 adjusted net income came…

56 minutes ago

States Are Moving to Protect Access to Vaccines

With US Health and Human Services secretary Robert F. Kennedy, Jr. already shaking up federal…

2 hours ago

US Lawmakers Travel to Argentina: Local Crypto Ecosystem Examined

A group of U.S. lawmakers traveled to Argentina and met with President Javier Milei and…

2 hours ago

U.S. Exchanges Push SEC to Speed Up Crypto ETF Listing Rules

Cboe BZX and NYSE Arca are tired of waiting around. The two exchanges have filed…

2 hours ago

Coinbase Adds Support for Ethereum (ETH)-Based Science Token ResearchCoin (RSC)

The top US-based crypto exchange platform Coinbase is adding support for one Ethereum (ETH)-based science…

2 hours ago