Proposal: Zebec X Canton - Streaming Payroll & Programmable Payment Infrastructure for the Canton Ecosystem#416
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Development Fund Proposal Submission
Proposal file:
./proposals/Zebec-Canton-USDCx-Payroll.md
Summary
Zebec Network proposes to build, open-source, and operate a production-grade streaming payroll and token vesting dApp on Canton, funded through the Development Fund.
The Daml smart contracts will be released under Apache 2.0, the platform will run non-custodially, and the hosted dApp will be freely accessible to all Canton ecosystem participants with no integration fees.
This delivers foundational financial infrastructure, with payroll settlement in USDCx and Canton Coin, token vesting for grant recipients and validators, and a closed-loop spend path via Zebec's Mastercard programme.
This functionality is backed by Zebec's existing $500M+ annual payroll volume, 280+ enterprise clients, and confirmed Canton ecosystem partnerships, including Lattice Finance.
Checklist
/proposals/Notes for Reviewers
The base grant (857,000 CC / ~$120K) is tied to technical delivery and verifiable on-chain adoption milestones. Phase 3 (up to 928,500 CC / ~$130K) triggers only on public enterprise announcements and co-marketing deliverables, ensuring grant spend is directly aligned with ecosystem visibility and real adoption.
Zebec has integrated 20 chains in its payments platform, including a recent Solana to Stellar/Soroban port of these same streaming primitives. A dedicated discovery and architecture phase is built into the timeline to de-risk the Daml learning curve.
Circle is a lead investor in Zebec, which closely aligns both parties on USDCx availability and adoption on Canton.
Zebec is waiving all platform, SaaS, and per-employee fees for Canton users during the grant period (~$5,500/month in foregone revenue), and committing to a five-year minimum maintenance term at its own cost.