The payroll platform Deel has integrated MoonPay’s services to allow workers in the United Kingdom and the European Union to receive stablecoin salaries starting next month. This partnership seeks to modernize cross-border payment infrastructure efficiently and securely, offering employees a fast alternative to traditional banking systems through the strategic use of decentralized networks for their monthly earnings.
This integration, which processes more than 22 billion dollars in payroll annually, will allow employees to receive their earnings directly into non-custodial wallets. Thanks to MoonPay’s Iron infrastructure, companies will be able to fund their payments using local fiat currencies, while workers opt for digital assets that guarantee near-instant settlement and total control over their personal financial resources.
The strategic shift toward worker financial sovereignty
Furthermore, this rollout will initially impact some 40,000 companies distributed across European territory, where the adoption of decentralized payment solutions is steadily growing. By eliminating the usual delays of international transfers, which often take several business days, Deel’s proposal significantly reduces commissions for traditional banking intermediation, thus favoring contractors and remote employees around the globe who need immediate liquidity.
On the other hand, the collaboration expands the firm’s pre-existing collection options, incorporating onchain settlement rails that improve overall operational efficiency. By utilizing MoonPay’s BitLicense and compliance under the MiCA framework, the service guarantees a regulated environment for international transfers, allowing corporations to operate with total legal and accounting transparency without sacrificing the technological agility required in today’s digital landscape.
JP Richardson, CEO of Exodus, correctly pointed out that these types of initiatives represent the true engine of mass adoption. According to the executive, the world is not drawn toward cryptocurrencies through whitepapers, but by providing tangible solutions such as paychecks, which solve real liquidity and speed problems in increasingly globalized labor markets that demand more flexible and modern compensation methods.
What are the implications of stablecoin use for the labor market?
Certainly, the current context shows saturation in the market for dollar-linked assets, especially following the approval of regulatory frameworks like the GENIUS Act. This American regulation has boosted the launch of new regulated tokens, which fosters healthy competition among diverse digital asset issuers, directly benefiting payroll end-users who seek stability and security in their recurring payments across different jurisdictions.
Additionally, the use of these assets allows workers in high-inflation regions to preserve the real value of their monthly income. By receiving payments linked to hard currencies, employees avoid the constant depreciation of their local currencies, gaining a more stable savings tool than conventional bank deposits, which are often subject to capital restrictions and excessive bureaucracy that limit financial freedom for workers.
Nevertheless, the market remains dominated by Tether and Circle, whose shares represent the vast majority of total available capitalization. Despite the entry of new banking competitors, MoonPay’s infrastructure offers unique flexibility for direct exchange, allowing global payrolls to flow without the frictions that characterize traditional monetary settlement networks in today’s increasingly digitalized and interconnected global financial environment for businesses.
Looking ahead, the mass adoption of these digital rails seems inevitable in a world where remote work is the prevailing norm. The integration between Deel and MoonPay lays the groundwork for a more inclusive and technologically advanced financial future, where payment speed finally reflects the immediacy of professional collaboration in the digital age that currently defines the global capital and labor markets.
