Ondo Finance, the popular platform offering institutional-grade on-chain financial products, has started a new collaboration. The company revealed its integration with Zebec Network, a decentralized infrastructure forum for matchless real-world value flows, after leveraging its RWA Payments and Instant Card. The platform took to X to provide insights into the respective initiative.
We're delighted to welcome @Zebec_HQ into the Ondo Ecosystem following an integration of $USDY with Zebec’s Instant Card and RWA Payments technology. @Zebec_HQ is a decentralized infrastructure network built to create a future where real world value moves freely and… pic.twitter.com/mkdzwm6KPX
— Ondo Finance (@OndoFinance) May 9, 2024
Ondo Finance and Zebec Network Join Forces to Facilitate Individual and Institutional Users
In its latest X post, it noted that Zebec Network operates as a network dealing with decentralized infrastructure. It reportedly focuses on developing a future offering seamless and free movement of real-world value. As per Ondo Finance, this provides the facilities to businesses and individuals alike. In this respect, it permits the consumers to get instant control of the tokens and funds.
The platform added that the real-time payroll applications of Zebec provide benefits to individuals, merchants, and companies. According to the firm, it also permits the clients to leverage its efficient on-chain payments infrastructure. These features additionally assist in transcending the restrictions of the conventional banking sector. Ondo Finance’s President “Justin Schmidt” spoke on this development.
The official revealed that the company’s non-stop payment technology is very significant for further progress in the payroll. He added that this contributes a lot to revolutionizing the payroll with rapidity. This reportedly improves the effectiveness and finally the consumer experience. In the words of Schmidt, USDY’s integration into Zebec’s payment solutions also possesses a huge significance.
The Initiative Reportedly Follows the Joint Pursuit of Both Entities
The president referred to this development as a logical move that enables high-quality yield on the users’ balances. Zebec Network’s founder Sam Thapaliya also remarked on the integration. He asserted that this development denotes a remarkable advancement in both the companies’ shared pursuit to reform the worldwide financial ecosystems.
