Deel Partners with MoonPay for Stablecoin Salary Payments in UK and EU

Deel collaborates with MoonPay to facilitate stablecoin salary payouts in the UK and EU, with plans for expansion into the US.

Deel has announced a strategic partnership with MoonPay to offer its clients the ability to pay employees in stablecoins across the United Kingdom and the European Union. This innovative payment option aims to enhance the flexibility and efficiency of salary disbursements in these regions.

The launch of stablecoin payments marks a significant step for Deel, with intentions to extend this service to the United States in the near future. This initiative is expected to streamline payroll processes, catering to the growing demand for cryptocurrency solutions in the workforce.