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Zepz launches new digital wallet on Solana

Jayson Derrick
Edited by
News
An Image Showing Zepz Global Stablecoin

Zepz, a digital remittances provider behind WorldRemit and Sendwave, has unveiled a new crypto wallet on Solana.

Summary
  • WorldRemit and Sendwave operator Zepz launches new digital wallet on Solana.
  • The Sendwave Wallet allows users across the globe access a peer-to-peer money solution with USDC.
  • Zepz plans to expand the solution with support for payment cards and QR codes.

Sendwave Wallet will offer access to cross-border payments via stablecoins and target -users across over 100 countries, Zepz said in a press release.

According to details, Sendwave will allow users to send, store and spend USDC (USDC) on the Solana (SOL) network. The move sees Zepz, a company with over $15 billion in annual remittance volume, to expand its service beyond traditional money transfers. 

In July, Zepz partnered with USDC issuer Circle to integrate stablecoin payments in everyday use.

“By making USDC central to the Sendwave Wallet, customers gain a secure way to hold value, send near-instantly, and spend with confidence in their daily lives. This is about putting the benefits of trusted digital dollars directly into the hands of communities, helping them plan, save, and build financial resilience,” said Kash Razzaghi, chief commercial officer at Circle.

Sendwave Wallet on Solana

Zepz is tapping into Sendwave Wallet and network speed and transparency of the Solana blockchain to bring financial empowerment to the global remittances market.

Designed for everyday use, the wallet makes sending money as easy as sending a message.

Per details, collaborating with local partners allows users to withdraw USDC directly into fiat currencies, and expansion in coming months will see Zepz add support for payment cards and QR codes, bringing real-world payments via a user’s digital balance to customers.

Sendwave Wallet’s launch comes stablecoin adoption grows, with global regulatory efforts providing clarity for consumer protection and support for innovation. The Solana blockchain has seen its stablecoin supply rise steadily over the past months, and currently sits at over $17.48 billion.

“Zepz’s vision to make global transfers into a reality defined by unparalleled speed, unwavering security, and universal affordability can uniquely take place on Solana,” said Lily Liu, president of Solana Foundation.

This announcement also follows Zepz’s July partnership with Circle to integrate USDC for backend settlement, a move aimed at improving liquidity management and reducing settlement times.