Zoth launches zPayments on Base targeting $6B in stablecoin payouts
- —zPayments processed over $500M in its first year, averaging $40M per month
- —The service operates in 171 countries through 200+ partner banks, settling in USDC
- —Fees up to 80% lower than traditional transfers, settlement in minutes
- —Zoth holds Money Transmitter licenses in all 50 US states and FINTRAC registration in Canada
Why it matters: Expanding stablecoin payments on Base intensifies competition with traditional money transfers and boosts utility demand for USDC.
Source: Crypto Briefing