Zepz, the global payments group behind WorldRemit and Sendwave, has announced the launch of the Sendwave Wallet, a globally accessible stablecoin-backed peer-to-peer cross border money solution. This digital walletempowers customers to seamlessly send, store, and spend funds across Africa and more than 100 countries worldwide, leveraging stablecoin technology to provide a stable value while offering near-instant, reliable, and affordable transfers within the Sendwave ecosystem. 

With the Sendwave Wallet, customers can quickly open a digital dollar balance in the Sendwave app and send, receive, or deposit funds. Their balance is held securely in the wallet in a digital currency, designed to maintain a stable value and pegged to the US dollar, giving them flexibility and the confidence to plan, support loved ones, and build financial stability over time. 

"The financial lives of cross-border communities are far more complex and personal than traditional remittance transactions," said Mark Lenhard, CEO of Zepz. "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. Today, Sendwave is moving beyond remittances to more holistically support the financial lives of our customers".