Deel to Enable Stablecoin Salary Payouts for UK and EU Workers

Global payroll platform Deel is set to allow its customers to pay workers in stablecoins across the United Kingdom and European Union. This new service, launched in collaboration with MoonPay, aims to streamline international payments using digital currencies. The company also plans to expand this stablecoin payroll option to the United States at a later stage. This initiative marks a significant step towards integrating stablecoins into mainstream financial operations, enhancing their utility for cross-border transactions. Analysts suggest this move could boost the adoption and demand for stablecoins like USDT and USDC, further embedding crypto into traditional payroll systems.