Deel, a payroll platform, announced plans to introduce an option for workers in the UK and EU to receive their pay in stablecoins.
This update comes through a new partnership with MoonPay, and the feature is set to launch in March. The same option is planned for the US at a later time.
The integration gives employees the choice to take part or all of their income in stablecoins instead of local currency. Payments will go directly to non-custodial crypto wallets, which allows workers to control their funds.
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Deel will continue to manage payroll and compliance. MoonPay will handle converting salaries into stablecoins and sending them on-chain. This adds a crypto payment route without changing Deel’s core payroll system.
Deel reported in October 2025 that it processes $22 billion in payroll each year for more than 150 million workers worldwide. The new partnership expands the company’s existing crypto payout features.
It also gives MoonPay another way to distribute its services, backed by its US money transmitter licenses, a New York BitLicense, and approval under the EU’s MiCA rules.
JP Richardson, co-founder and CEO of Exodus, wrote on X that paychecks can bring more people into crypto. He noted that stablecoin payouts may reduce delays and fees in cross-border transfers.
Circle Internet Group plans to spend 2026 improving its technology base to support stablecoin use among businesses and institutions. What did Nikhil Chandhok, Circle’s chief product and technology officer, say? Read the full story.
