Zebec Network & WLFI: USD1, Cards, Enterprise, WLFI Markets

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Zebec Network
@Zebec_HQJun 19, 2026

The Spaces brought together Ben (host), Simon (Zebec), Sean Chong (Head of Marketing, World Liberty Financial), and Corey Kaplan (CTO, World Liberty Financial; Founder, Dolomite) to discuss how stablecoins are moving from a trading instrument to core payment infrastructure. Sean outlined the rapid US policy shift: after last year’s federal “Genius Act” stablecoin law, the debate has moved from legitimacy to implementation (full reserves, monthly attestations, licensing). Simon added UK/EU catch-up dynamics, US dollar dominance considerations, and Zebec’s multi-currency rails, including a new pound-backed stablecoin. USD1 is live in the Zebec Super App across payroll and cards, exceeding $1M card volume in early months, with enterprise payroll on Solana and a forthcoming native yield product via World Liberty Financial Markets (powered by Dolomite). Corey described Dolomite’s role as open, overcollateralized credit markets and framed the Zebec integration as trust-building, like ATMs did for banks. Enterprise adoption is driven by compliance, cost, and UX that meets users where they are. Near-term watch items: USD1 expansion across payroll/cards, incentives on DeFi/CeFi venues, Zebec’s multi-chain rollout, a corporate card program, and WLF’s pursuit of a US banking license.

Stablecoins as Infrastructure: Zebec × World Liberty Financial × Dolomite — Twitter Spaces Recap

Participants and Roles

  • Ben (Host/Moderator)
  • Simon (Zebec; policy engagement and enterprise/payroll lead topics)
  • Sean Chong (Head of Marketing, World Liberty Financial)
  • Corey Kaplan (CTO, World Liberty Financial; Founder of Dolomite)
  • Co-host (name not stated)

Context and Agenda

  • Focus: Stablecoins’ transition from trading instruments to real-world financial infrastructure (payments, payroll, cards, treasury, lending/borrowing) and how Zebec and World Liberty Financial (WLF) are collaborating on USD 1 across the Zebec Super App.
  • Agenda progression:
    • Policy backdrop in the US and UK
    • What WLF is building with USD 1
    • Zebec’s integration across payroll and cards
    • Upcoming wlfi market (World Liberty Financial Markets) integration powered by Dolomite in the Zebec Super App (iOS/Android)

US Policy Backdrop (Sean Chong)

  • Mood shift: Over the past year, the environment has moved from “Is this allowed?” to operating under a nascent federal framework.
  • “Genius Act” (as referred to in the discussion): Described as the first federal stablecoin law signed last year; agencies are detailing implementation. Key requirements highlighted by Sean:
    • Full reserves
    • Independent monthly attestations
    • Real licensing
  • “Clarity Act” (market structure): Once rules are clear, compliance stops being an experiment and becomes infrastructure—unlocking payroll, cards, and treasury at scale.
  • Legitimacy: The debate has shifted from “Is crypto legitimate?” to “How do we integrate and regulate it properly?” The remaining work is plumbing—integrating stablecoins into payroll, cards, and apps people already use.

UK/Global Policy Backdrop (Simon, Zebec)

  • UK engagement: Zebec has participated in House of Lords sessions; policymakers are still early—seeking to understand what stablecoins are, what they do, and how to regulate them.
  • US ahead: The US is further along (referenced “Genius Act” and the impending “Clarity Act”), with other jurisdictions playing catch-up.
  • USD dominance concern: Policymakers consider the implications of USD-heavy stablecoins and how to bring other currencies on-chain.
  • Multi-currency progress: Zebec added “tgvp,” its first pound-backed stablecoin, enabling UK enterprise payroll opportunities.

Enterprise Adoption Drivers and End-User Priorities (Simon)

  • Enterprise priorities:
    • Compliance and cost are the primary drivers in stablecoin selection.
    • Large enterprises are highly risk-averse; even pilots require multiple cross-company approvals.
  • End-user perspective:
    • Users prioritize speed, cost, reliability, and trust over which chain is used.
    • “Does it pay me, can I spend and move funds, and can I trust it?”

Zebec × USD 1: What’s Live and What’s Next (Simon)

  • Current integration:
    • USD 1 live in the Zebec Super App for a couple of months on both payroll and cards.
    • Early traction: Over $1 million in card volume in the first few months using USD 1.
    • USD 1 integrated into Zebec’s Enterprise Payroll product on Solana.
  • Next up:
    • Yield product in the Super App: Access to a variety of yield options via World Liberty Financial Markets.
    • Regulatory trajectory: The WLF team is “in line” to secure a US banking license; expected to unlock broader investment products for Zebec’s retail and enterprise users.
  • What USD 1-enabled payroll means:
    • A familiar payroll workflow delivered via stablecoin rails—faster, cheaper, and more efficient.
    • Greater optionality for employees/contractors; stablecoins can enable more than traditional dollars in programmable use-cases.

Dolomite and World Liberty Financial Markets (Corey Kaplan)

  • Background:
    • Corey has been in crypto since 2015; Dolomite dates back to 2017/2018 (earlier “Open Finance” era).
    • Vision: Build a margin/credit market platform with longevity and enterprise-grade use cases.
  • What Dolomite does (plain terms):
    • Deposit assets to earn yield from borrowers.
    • Open overcollateralized borrowing positions against crypto.
    • Think of it as an open, on-chain credit market.
  • Relationship with WLF:
    • WLF co-founders were early Dolomite users.
    • Corey joined as an advisor; contributions led to him becoming WLF’s CTO.
  • Integration and philosophy:
    • WLFI Markets (World Liberty Financial Markets) is powered by Dolomite’s protocol “plumbing.”
    • ATM analogy: Like ATMs increasing trust and deposit growth in banking, easy access/use of USD 1 and yield opportunities can increase trust and capital staying within the system.
    • “Meet users where they are”: White-glove collaboration between a stablecoin issuer and product integrators (e.g., Zebec) to match enterprise needs; don’t just build for where the puck is going—serve current workflows too.

Zebec Super App × WLFI Markets (Powered by Dolomite)

  • Product direction (Ben/Simon/Corey):
    • Native WLFI Markets integration will add lending/borrowing and yield inside Zebec’s Super App.
    • Strategic aim: Keep funds in-system—users can onramp, spend via cards, run payroll, and allocate to yield without leaving the app.
    • Value proposition: Yields through WLFI Markets can be more attractive than traditional savings/investment options, encouraging users to maintain balances within the Super App.
  • For USD 1 holders in this environment:
    • Envisioned capabilities include earning yield on USD 1, taking payments in USD 1, and using collateralized borrowing tools—progressively expanding to “all of finance on-chain.”
  • Distribution matters:
    • Payroll and cards are critical distribution channels to reach users where they already earn and spend.

Adoption Outlook and Market Sizing (Simon)

  • Demand trends:
    • Growing interest from both employees and employers for stablecoin payroll solutions.
  • Scale context:
    • Of ~$11T annual US payroll volume, only a small portion (a “couple billion”) is currently done in stablecoins.
    • Expectation: That figure could double or triple annually over the next few years—still very early.

Near-Term Watchlist and Roadmap

  • World Liberty Financial / USD 1 (Sean):
    • Continued real-world penetration: More payrolls, more cards, broadened collaborations.
    • Campaigns/incentives across DeFi and CeFi venues to expand USD 1 usage.
    • Work on agentic AI initiatives and the Zebec Super App collaboration.
  • Dolomite / WLFI Markets (Corey):
    • Scaling enterprise integrations—onboarding more and larger clients onto WLFI Markets via Dolomite’s infrastructure.
    • Delivering an enterprise-grade, scalable credit/yield solution.
  • Zebec (Simon):
    • Expanding chain support for USD 1 beyond Solana across Enterprise Payroll, cards, and WLFI Markets.
    • Onboarding major enterprise customers for payroll, treasury, and the forthcoming corporate card program running on USD 1.
    • Positioning USD 1 as a core stablecoin offering within Zebec’s stack.

Key Takeaways

  • Stablecoins are transitioning from trading tools to utility-grade financial infrastructure (payroll, cards, treasury, lending/borrowing), with identity and agentic AI on the horizon.
  • Policy clarity is catalyzing real adoption: The conversation has moved from legitimacy to integration and compliance.
  • Enterprise adoption is driven by compliance and cost; users care about reliability and utility more than underlying chains.
  • Product design must meet users where they are: bridging familiar fintech experiences with on-chain benefits.
  • Collaboration matters: Zebec (distribution and UX), WLF (USD 1 issuance and markets), and Dolomite (protocol plumbing) together enable end-to-end, compliant, enterprise-ready flows.

Notable Claims and Metrics from the Session

  • $1M in early card volume processed via USD 1 in the Zebec Super App.

  • USD 1 already live for payroll and cards; yield product via WLFI Markets coming soon.
  • Zebec added “tgvp,” its first GBP-backed stablecoin, to support UK enterprise payroll.
  • WLF is pursuing a US banking license to broaden investment product offerings for Zebec users.

Closing Notes

  • The panel anticipates rapid growth as policy solidifies and integrations deepen.
  • Expect announcements around the Zebec Super App’s WLFI Markets integration (iOS/Android), expanded USD 1 chain support, and new enterprise adoptions across payroll, cards, and treasury.