MoonPay is partnering with Deel to expand stablecoin salary payouts for workers around the world. Deel is integrating MoonPay’s stablecoin conversion and payout infrastructure into its payroll experience. This supports compliant salary payments delivered directly to users’ non-custodial crypto wallets.
The rollout begins next month, initially supporting workers based in the UK and the EU, expanding to the U.S. in a second phase.
Stablecoin payouts that work end to end
Stablecoin payroll is a modern alternative to traditional cross border transfers. It can provide faster settlement and more flexibility in how workers access earnings. It can also help in regions where banking access is limited. In high inflation markets, stablecoins may help preserve value.
MoonPay will provide the conversion experience, wallet delivery, and off ramp flexibility needed to make stablecoin salary payouts usable end to end.
Built for global payroll at scale
Deel helps companies hire, manage, and pay workers in more than 150 countries. It does this without requiring businesses to establish local entities. By integrating MoonPay, Deel is expanding its suite of payment options. The goal is to support more workers worldwide with stablecoin payouts.
“Deel is transforming global payroll for the modern workforce, and MoonPay is proud to support their mission with enterprise grade stablecoin payouts,” said Ivan Soto-Wright, CEO and Founder at MoonPay. “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,” said Thierry Edde, Head of Crypto at Deel. “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.”
Why stablecoin payouts matter
Stablecoin salary payments offer advantages for global workers and distributed teams.
- Faster payouts through near instant settlement compared to traditional banking rails
- Protection from volatility by preserving value in high inflation regions
- Global accessibility for workers without reliable banking
Get started
Deel customers can look for stablecoin salary payouts powered by MoonPay as the rollout begins next month, starting with GBP. Workers who want to receive salary in stablecoins can check Deel for availability and supported currencies in their location.