[Global] Deel partners with MoonPay to enable stablecoin salary payouts

The global crypto payments and stablecoin infrastructure provider MoonPay has announced a new partnership with Deel, the all-in-one global payroll and HR platform, Fintech Finance News reports.

Through their collaboration, MoonPay and Deel intend to enhance stablecoin salary payouts for workers and expand these capabilities to employees around the globe, offering a faster and more flexible way to be paid.

The partnership reportedly builds on Deel’s continued expansion into crypto-enabled payroll, integrating MoonPay’s stablecoin conversion and payout capabilities to support compliant salary payments directly to users’ non-custodial crypto wallets.

The rollout is set to begin in March and will initially support workers based in the UK and EU, then expand to the US in a second phase.

“Deel is transforming global payroll for the modern workforce, and MoonPay is proud to support their mission with enterprise-grade stablecoin payouts,” Ivan Soto-Wright - CEO and Founder at MoonPay - said. “This partnership represents a major step forward in bringing digital assets into real-world financial use cases like salary payments.”

“At Deel, we are committed to giving the global workforce ultimate flexibility in how they receive their earnings,” Thierry Edde - Head of Crypto at Deel - said. “By integrating MoonPay’s infrastructure, we’re expanding our suite of payment options, making it even easier for workers to access their pay instantly and securely via stablecoins.”

Source: Fintech Finance News

(Quotes via original reporting)

The global crypto payments and stablecoin infrastructure provider MoonPay has announced a new partnership with Deel, the all-in-one global payroll and HR platform, Fintech Finance News reports.

Through their collaboration, MoonPay and Deel intend to enhance stablecoin salary payouts for workers and expand these capabilities to employees around the globe, offering a faster and more flexible way to be paid.

The partnership reportedly builds on Deel’s continued expansion into crypto-enabled payroll, integrating MoonPay’s stablecoin conversion and payout capabilities to support compliant salary payments directly to users’ non-custodial crypto wallets.

The rollout is set to begin in March and will initially support workers based in the UK and EU, then expand to the US in a second phase.

“Deel is transforming global payroll for the modern workforce, and MoonPay is proud to support their mission with enterprise-grade stablecoin payouts,” Ivan Soto-Wright - CEO and Founder at MoonPay - said. “This partnership represents a major step forward in bringing digital assets into real-world financial use cases like salary payments.”

“At Deel, we are committed to giving the global workforce ultimate flexibility in how they receive their earnings,” Thierry Edde - Head of Crypto at Deel - said. “By integrating MoonPay’s infrastructure, we’re expanding our suite of payment options, making it even easier for workers to access their pay instantly and securely via stablecoins.”

Source: Fintech Finance News

(Quotes via original reporting)