This is one of the biggest reasons I think $ZBCN can succeed, and most people still don’t understand how powerful this setup can become. Forget price for a minute. Look at how the business feeds the token. Zebec’s buybacks are no longer tied mainly to Zebec Cards. The September update connects them to net revenue from: Zebec Cards Zebec payroll Zebec SuperApp That changes everything for me. Because Zebec already reports $500M+ in annual payroll volume, 250+ enterprise clients and 50K+ monthly users. Payroll alone was processing around $49M per month across more than 13,000 employees. And here’s the part people should understand: Employers using Zebec payroll pay certain fees in ZBCN. If they pay those fees using stablecoins, the system can automatically convert them into ZBCN. So growing payroll can create token demand before we even talk about buybacks. Then Zebec earns revenue from the business. Part of that operating economics can fund recurring market purchases of $ZBCN. Now add the Cards. Zebec reported more than 21,000 cards issued and 500,000+ transactions. Everyday people can spend through the product without ever caring about buying ZBCN as an investment. Yet their activity can still help generate the revenue that eventually feeds the token. That’s what makes this model so interesting to me. A worker gets paid. They use the SuperApp. They spend through a Zebec Card. The employer pays platform fees. Zebec generates revenue. Zebec buys $ZBCN. Meanwhile other holders stake it. And the final scheduled token unlock already finished in March 2026. So the equation is becoming: more customers → more payroll → more card spending → more SuperApp activity → more fees → more revenue → more $ZBCN buybacks At the same time, more than 16.19B ZBCN was already staked, while cumulative recurring buybacks had passed 504.7M ZBCN. This is why Simon Babakhani focusing on market-share growth gets me even more bullish. Make the business bigger first. -More enterprises. -More workers. -More countries. -More currencies. -More stablecoin payroll. More spending. Then the revenue pool feeding the token becomes bigger with it. Zebec is already expanding across Solana and Stellar, adding assets like tGBP and USX, and pushing payroll deeper into real-world payments. The business can grow across chains. But ZBCN remains tied to the economics through fees and buybacks. That’s the part I’m watching. The bigger Zebec becomes, the harder it becomes to ignore what that growth can mean for $ZBCN. You still holding?
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