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. 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.

Source: crypto.news