The Stellar Development Foundation has released an open-source Stellar Disbursement Platform for bulk payments, with Zodia Custody becoming the first organization to provide technical hosting. The platform enables organizations to send bulk payments for humanitarian aid, cash assistance, cross-border payroll, and other use cases.
The Stellar Development Foundation announced the release of an open-source Stellar Disbursement Platform designed to facilitate bulk payments at scale for organizations of all sizes. Zodia Custody, a UK-based institution-first digital asset custodian majority owned by Standard Chartered, has become the first organization to provide technical hosting capabilities for the platform. Through this partnership, Zodia Custody will enable its clients to leverage the Stellar Disbursement Platform for global disbursements across various use cases including humanitarian aid, cash assistance programs, and cross-border payroll. The platform represents a significant step toward creating more accessible financial systems and demonstrates how blockchain technology can be leveraged to improve financial inclusion globally.
