Global payroll provider Deel is introducing stablecoin salary payouts through a new partnership with crypto payments firm MoonPay, expanding digital asset use cases in everyday employment. The rollout will begin next month for workers in the United Kingdom and European Union, with plans to extend the service to the United States at a later stage.
Stablecoin Payroll Integration for Cross-Border Workers
Under the arrangement, employees using Deel’s platform will be able to opt to receive part or all of their wages in stablecoins instead of traditional fiat currencies. Payments will be sent directly to non-custodial crypto wallets. MoonPay will manage the conversion of funds into stablecoins and oversee onchain settlement, while Deel continues to handle payroll processing and regulatory compliance.
Deel previously reported processing $22 billion in annual payroll across more than 150 million workers globally. The addition of crypto settlement infrastructure signals growing institutional interest in blockchain-based payment rails, particularly for cross-border compensation where transfer times and fees can be significant.
Stablecoin Market Expansion Accelerates
The launch comes amid rapid growth in the dollar-pegged stablecoin sector. Since US lawmakers established a federal framework for payment stablecoins in 2025, new entrants have emerged alongside dominant players. Tether’s USDt currently represents roughly 60% of total stablecoin market capitalization, while Circle’s USDC accounts for about 24%, according to Defi data.
The Deel-MoonPay partnership adds another enterprise-driven use case as stablecoins move beyond trading into mainstream payroll applications.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.