Deel, a payroll platform, introduced plans to introduce an choice for staff within the UK and EU to obtain their pay in stablecoins.
This replace comes via 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 offers workers the selection to participate or all of their earnings in stablecoins as a substitute of native forex. Funds will go on to non-custodial crypto wallets, which permits staff to regulate 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 staff worldwide. The brand new partnership expands the corporate’s present crypto payout options.
It additionally offers MoonPay one other method to distribute its providers, backed by its US cash transmitter licenses, a New York BitLicense, and approval beneath 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 could cut back delays and charges in cross-border transfers.
Circle Web Group plans to spend 2026 bettering 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.
