Zebec Network reports $100,000 buyback of 40.5M ZBCN in Q3

Zebec Network has bought back 40.5 million ZBCN for about $100,000 in Q3 using revenue from its card and payroll services. Summary Card and payroll income financed Zebec’s latest quarterly token purchases. Zebec says the acquired ZBCN will remain outside circulation. The buyback’s dollar value represents roughly 0.04% of ZBCN’s market capitalization. Zebec’s DAO plans to review whether to propose restoring token burns by year-end. In its Oct. 21 X announcement, Zebec Network said it purchased 40,536,539 tokens during the third quarter of 2026. Revenue from Zebec Cards and payroll across Zebec Enterprise and the SuperApp financed the purchases, according to the company. “Repurchased tokens will not re-enter circulation.” In a follow-up post, the company explained that Enterprise and SuperApp payroll fees are used to purchase ZBCN or are paid directly in the token, depending on the network. Zebec said funds are periodically consolidated with Uphold Institutional for custody and provided a Solscan account link alongside the announcement. ZBCN buybacks draw on payroll and card revenue The latest purchases continue a program that Zebec describes as recurring and funded by operating reve...