Zebec Network is integrating MoneyGram Ramps into its enterprise payroll platform on the Stellar network, giving employees and contractors a way to convert eligible stablecoin balances into local cash through MoneyGram’s global retail network. The partnership connects stablecoin payroll, blockchain settlement and traditional cash access, addressing one of the practical barriers to using digital dollars for everyday spending: getting value from a digital wallet into the local economy.

Stablecoin payroll is becoming easier to send. The harder problem is making those digital wages useful once they reach the recipient.

Zebec Network, the Stellar Development Foundation and MoneyGram are addressing that gap through an integration that brings MoneyGram Ramps into Zebec’s enterprise payroll experience on Stellar.

MoneyGram becomes the first fiat off-ramp available through Zebec’s Stellar-based payroll experience, allowing eligible recipients to convert digital-dollar balances into local currency at participating MoneyGram locations in more than 170 countries and territories, subject to availability and local regulations.

The arrangement connects three distinct pieces of payment infrastructure.

Stellar provides the blockchain network on which Zebec deploys its payroll infrastructure. Zebec enables employers to stream employee and contractor compensation in stablecoins. MoneyGram provides the physical and digital bridge from those stablecoin balances into local fiat.

That last component is important.

A worker receiving stablecoins does not necessarily want to hold cryptocurrency indefinitely. They may need cash for groceries, transportation or other everyday expenses, or they may simply prefer to keep their finances in the currency they actually use.

MoneyGram Ramps is designed to address that requirement. The service allows supported wallets and applications to facilitate USDC cash-in and cash-out on Stellar, with eligible users able to convert digital-dollar balances into local currency through participating MoneyGram locations.

The integration therefore shifts stablecoin payroll closer to a conventional payment experience.

An employer can send value digitally, the employee can receive it into a wallet as payroll accrues, and the recipient can decide what happens next. They can retain the digital value, transfer it elsewhere, spend through supported Zebec card products or access local currency through the MoneyGram network.

That flexibility is becoming increasingly relevant to GlobalFinTechEdge’s Digital Payments landscape.

Cross-border payroll has traditionally required multiple layers of banking infrastructure, correspondent relationships, currency conversion and settlement. For companies employing contractors or distributed workers internationally, those processes can create delays and additional costs.

Stablecoins offer a different settlement mechanism.

Because blockchain transactions can operate continuously, businesses can send digital-dollar payments without being constrained by conventional banking schedules. But the benefit becomes much less compelling if the recipient has no practical way to turn those digital dollars into local purchasing power.

MoneyGram’s network addresses that physical-world constraint.

The partnership also illustrates an emerging model for Embedded Finance Infrastructure. Rather than forcing employers or workers to assemble wallets, exchanges, payment cards and cash-out services independently, the different components can be incorporated into one payroll workflow.

The blockchain becomes an underlying settlement layer rather than the product that the employee needs to understand.

That distinction could prove important for enterprise adoption.

Most payroll departments are not looking to introduce employees to cryptocurrency infrastructure. They are looking for reliable ways to calculate, send and reconcile compensation. Similarly, employees generally care more about when they receive their money and how easily they can spend it than which blockchain processed the transaction.

Zebec’s model attempts to abstract much of that complexity.

Its native deployment on Stellar enables payroll to accrue continuously in stablecoins. Recipients can then determine whether to remain within the digital-asset ecosystem or move value into conventional financial channels.

The approach also highlights why off-ramps are becoming strategically important as stablecoin payments mature.

Much of the discussion around stablecoins has focused on issuance, transaction speed and blockchain settlement. But a payment system needs both entry and exit points. Without reliable conversion into local currency, stablecoins can remain trapped within a relatively narrow digital ecosystem.

MoneyGram has spent decades building a physical payments network, while blockchain companies have developed digital settlement infrastructure. Their integration reflects an attempt to connect those two worlds.

The geographic reach is another differentiator. MoneyGram says its network extends across more than 170 countries and territories, giving a blockchain-based payroll platform access to a much broader physical cash-distribution footprint than it could likely build independently.

However, geographic availability does not mean every service will operate identically in every market. Cash-out options, supported assets, transaction limits, identity requirements and regulatory rules can vary by jurisdiction.

That makes compliance and local availability critical to the model.

The partnership also comes as stablecoins increasingly move into enterprise payment use cases. McKinsey estimated that actual stablecoin payment volume reached roughly $390 billion in 2025, with approximately $226 billion coming from B2B payments. At the same time, stablecoin payments remained a small fraction of global payment activity, suggesting substantial room for infrastructure providers to build around the technology. (mckinsey.com)

Payroll represents an especially interesting application because payment frequency and geographic distribution create a natural demand for faster settlement.

For global companies, paying workers in multiple countries can require maintaining relationships with numerous local payment providers. A stablecoin-based payroll layer could simplify the movement of value, while local off-ramps provide the final connection to domestic currencies.

Competition, however, is likely to intensify.

Banks, payment processors, fintech infrastructure companies and blockchain networks are all developing approaches to cross-border settlement. Stablecoin issuers are also increasingly building direct payment capabilities, while established networks are experimenting with blockchain-based settlement.

Zebec’s differentiation is the combination of payroll software, streaming payments and access to local cash through an established global network.

The Stellar network provides another important part of that proposition. Stellar has long positioned itself around payments and asset issuance, making it a natural environment for stablecoin-based settlement and financial applications.

For enterprises, the most meaningful test will be whether the combined infrastructure reduces operational friction without introducing new complexity around compliance, custody, accounting or employee onboarding.

The partnership is not replacing traditional payroll systems overnight. Instead, it adds another settlement and distribution option.

That may ultimately be how stablecoins gain broader traction in financial services: not by forcing businesses to abandon existing payment experiences, but by quietly inserting blockchain settlement underneath them.

Zebec supplies the payroll experience. Stellar provides the settlement network. MoneyGram supplies the local fiat bridge.

Together, they are targeting the part of stablecoin payments that is often overlooked—the moment when digital value needs to become money someone can actually use.

Market Landscape

Stablecoin payments are increasingly moving into enterprise applications such as treasury, cross-border transfers and payroll. McKinsey estimates actual stablecoin payment volume reached approximately $390 billion in 2025, including roughly $226 billion in B2B activity. (mckinsey.com)

The remaining challenge is interoperability with local financial systems. Employees may receive digital dollars instantly, but they still need bank deposits, payment cards, mobile wallets or physical cash. This is creating an emerging market for on- and off-ramp infrastructure that connects blockchain networks to established payment rails.

The Zebec-MoneyGram integration targets that exact layer. Rather than making stablecoins the end-user experience, it makes them part of the underlying payroll and settlement infrastructure.

Top Insights

• Zebec is adding MoneyGram Ramps to its Stellar payroll platform, giving eligible recipients access to local fiat through MoneyGram’s global payments network.
• Stablecoin payroll gains a physical cash bridge: recipients can convert eligible USDC balances into local currency at participating locations across more than 170 countries and territories.
• The blockchain layer becomes largely invisible: employers can stream stablecoin payroll while employees decide whether to hold, transfer, spend or cash out.
• B2B stablecoin payments are expanding: McKinsey estimates approximately $226 billion of 2025 stablecoin payment activity came from business-to-business transactions. (mckinsey.com)
• Off-ramps are becoming strategic infrastructure: converting digital dollars into usable local currency remains essential for mainstream stablecoin adoption.

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