Deel, a payroll platform, introduced plans to introduce an choice for employees within the UK and EU to obtain their pay in stablecoins.
This replace comes by a brand new partnership with MoonPay, and the function is ready to launch in March. The identical choice is deliberate for the US at a later time.
The mixing provides workers the selection to participate or all of their revenue in stablecoins as an alternative of native forex. Funds will go on to non-custodial crypto wallets, which permits employees to manage their funds.
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Deel will proceed to handle payroll and compliance. MoonPay will deal with changing salaries into stablecoins and sending them on-chain. This provides a crypto fee route with out altering Deel’s core payroll system.
Deel reported in October 2025 that it processes $22 billion in payroll annually for greater than 150 million employees worldwide. The brand new partnership expands the corporate’s current crypto payout options.
It additionally provides MoonPay one other approach to distribute its providers, backed by its US cash transmitter licenses, a New York BitLicense, and approval underneath the EU’s MiCA guidelines.
JP Richardson, co-founder and CEO of Exodus, wrote on X that paychecks can carry extra individuals into crypto. He famous that stablecoin payouts might scale back delays and costs in cross-border transfers.
Circle Web Group plans to spend 2026 enhancing its expertise base to assist stablecoin use amongst companies and establishments. What did Nikhil Chandhok, Circle’s chief product and expertise officer, say? Learn the total story.
