Mon, September 16, 2024 at 08:21

• 

  Joy

  • Hey Annie!

  • Have you heard about Zeebu's latest milestone?

  • They've surpassed $4 billion in settlement volume on their platform!🎉

  • 
• Annie

  • Wow, that's impressive!

  • What exactly does Zeebu do?🤔

  
• 

  Joy

  • Zeebu is a Web3 payment and settlement platform, mainly for the telecom carrier industry.

  • They provide instant, cost-effective, and transparent settlement solutions.

• Annie

  • Oh, I see.

  • So, what's new with them?😊

  
• ADward

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• 

  Joy

  • Well, they're expanding to Base Network, which is a high-performance Ethereum layer-2 solution incubated by Coinbase.

  • This is a big deal for their multichain strategy!

  • 
• Annie

  • Base Network?

  • What's special about that?🤨

  
• 

  Joy

  • Base Network is built on the OP Stack in partnership with Optimism.

  • It offers the same security as Ethereum but with lower fees and faster transaction times.

  • Perfect for Zeebu's needs!

• Annie

  • Got it.

  • So, how does this expansion benefit Zeebu?🤔

  
• 

  Joy

  • By expanding to Base, Zeebu can provide faster, low-cost settlements, increased scalability, and deeper liquidity.

  • It's a win-win for their clients!

• Annie

  • That sounds great!

  • How are they managing the ZBU tokens with this expansion?💰

  
• 

  Joy

  • They've minted 24.4% of their ZBU token supply to Base, making a total of 1,022,916,666 ZBU tokens available on Base.

  • They used a burn-and-mint mechanism to align token supplies.

• Annie

  • Wow, that's a lot of tokens!

  • How does this affect their overall strategy?🤓

  
• 

  Joy

  • This is part of their broader multichain approach.

  • They're leveraging Ethereum, Binance Smart Chain, and now Base to offer enhanced scalability, faster transactions, and deeper liquidity.

• Annie

  • Interesting!

  • What about security and transparency?

  • Are they maintaining those?🛡️

  
• 

  Joy

  • Absolutely!

  • Base offers Ethereum-level security, so all transactions remain fully transparent and secure.

  • Zeebu also publishes all transaction details for full transparency.

• Annie

  • That's reassuring.

  • How does this expansion impact their users?🌍

  
• 

  Joy

  • Users can now engage with ZBU and participate in decentralized liquidity provisioning more efficiently.

  • It also means faster, more cost-efficient cross-border transactions!

• Annie

  • Sounds like a big win for everyone involved.

  • Is this a good sign for the market?📈

  
• 

  Joy

  • Definitely!

  • This expansion shows Zeebu's commitment to innovation and efficiency.

  • It's a positive development for the market, especially for enterprise B2B payments.

• Annie

  • Thanks for the detailed explanation, Joy!

  • This sounds like great news for Zeebu and the market.😊

  
• 

  Joy

  • You're welcome, Annie!

  • I'm excited to see how this will shape the future of decentralized settlements.🚀

  • To sum up, this article is considered a 😍Bullish for investors!!