Glossary

Glossary of common Zebec Enterprise Payroll terms.

Term	Definition
Accrued pay	Pay you have earned but have not withdrawn yet. With streaming payroll, this ticks up by the second. Contrast this to traditional fiat payments that take 1-3 business days to settle.
Block explorer	A public website that lets you look up any transaction or wallet address on a chain. Examples: Solscan (Solana), Stellar Expert (Stellar).
Chain	Short for blockchain. The underlying network where stablecoins move (Solana, Stellar, Sui, etc.).
Custodial / non-custodial	Custodial means someone else holds your crypto for you (like a bank). Non-custodial means you hold it directly. Zebec is non-custodial.
Gas	The network fee paid to process a transaction on a blockchain. On many chains like Solana and Stellar, gas is fractions of a cent.
KYB / KYC	Know Your Business / Know Your Customer. Compliance checks to verify identity.
Multi-sig	Multiple signatures required to authorize a transaction. Used for treasury security.
Seed phrase	The 12 or 24 words that back up your wallet. Whoever has the seed phrase controls the wallet. Treat it like "the keys to the kingdom".
Settlement	The moment a payment becomes final on-chain. On Solana this takes ~400 ms; on Stellar ~5 s. Compare to traditional banking, where settlement takes 1–3 business days.
Settlement token	The specific stablecoin used for a payroll workspace (USDC, USDT, EURAU, etc.). The enterprise sets this.
Signing wallet	The wallet that authorizes payroll runs for an enterprise. Distinct from recipient wallets.
Stablecoin	A crypto asset designed to hold a stable value relative to a real-world currency. Examples: USDC = $1 USD. EURAU = €1.
Streaming payroll	Pay accrues continuously, by the second, rather than in lump sums at cycle close.
Treasury	The on-chain wallet an enterprise funds to disburse payroll from.
Wallet	Software (or hardware) that holds your crypto. Zebec Ent. Payroll supports and expanding list of wallets across chains, like Phantom, Freighter, etc.
Wallet address	The public identifier of a wallet, like an account number. You can share it freely; it is like sharing your email address, not your password.