In a move for the global remittance industry, Zepz, the parent company of WorldRemit and Sendwave, has launched the Sendwave Wallet — a stablecoin-backed, peer-to-peer cross-border payment solution designed to make sending, saving, and spending money across borders faster, safer, and more affordable. This new digital wallet, available in more than 100 countries, gives users the ability to hold digital dollar balances, send money to loved ones, and make payments with the same simplicity as sending a text message. For millions of users in Africa, Asia, and Latin America who rely on remittances for everyday needs, the Sendwave Wallet marks a major step toward greater financial inclusion and stability.
A Smarter, Simpler Way to Manage Money Across Borders
The Sendwave Wallet is designed to make financial management easier for individuals who regularly send and receive funds internationally. Users can instantly open a digital dollar balance within the Sendwave app, allowing them to send, receive, deposit, or withdraw money securely. Funds are stored in a stablecoin pegged to the US dollar, ensuring the value remains stable even during market fluctuations. This stability allows users to confidently plan for essentials like food, education, and healthcare without worrying about exchange rate swings.
According to Mark Lenhard, CEO of Zepz: “The financial lives of cross-border communities are far more complex and personal than traditional remittance transactions. With Sendwave Wallet, we’re giving customers throughout the Global South a trusted, intuitive way to control their money. This is about stability, choice, and dignity for the communities we serve.” Lenhard added that the launch represents Zepz’s evolution from a remittance provider into a holistic financial platform that supports the full spectrum of customers’ daily financial lives.
Stablecoins Powering the Future of Global Payments
At the heart of the Sendwave Wallet lies stablecoin technology, which combines the reliability of fiat money with the speed of blockchain. By leveraging USDC, a widely recognized digital dollar issued by Circle, and operating on the Solana blockchain, the wallet ensures low-cost, high-speed transfers without the complexity of typical crypto systems.
Kash Razzaghi, Circle’s Chief Commercial Officer, emphasized the financial empowerment this brings:“ By making USDC central to the Sendwave Wallet, customers gain a secure way to hold value, send near-instantly, and spend with confidence. This is about putting trusted digital dollars directly into people’s hands and helping them build financial resilience.
Lily Liu, President of the Solana Foundation, also noted: “Solana’s speed and scalability make it ideal for cross-border payments. Zepz’s vision of affordable, real-time global transfers can uniquely thrive on the Solana network.” Zepz’s established payout network ensures customers can easily withdraw USDC into local currencies through trusted partners or use it for daily expenses. The company plans to introduce features like payment cards, QR code transactions, and savings rewards, offering users a full suite of financial tools beyond traditional remittances.
With Sendwave Wallet, Zepz is redefining what it means to move money globally, bringing speed, affordability, and digital stability to communities that have long depended on slow, expensive transfer systems. For millions of families around the world, the future of money transfer just became simpler, smarter, and more empowering.
