MoonPay partners with Deel to launch stablecoin payroll services in the UK and the EU

IRON-1,53%

PANews February 11 News, according to The Block, cryptocurrency payment company MoonPay announced a partnership with payroll and human resources platform Deel, aiming to help approximately 40,000 businesses in the UK and EU pay employee salaries with stablecoins. MoonPay will provide support through its fiat infrastructure subsidiary Iron, enabling companies to directly send stablecoins to employees’ wallet addresses. This service will be launched first in the UK and EU, with plans to expand to the US market in the future.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cache Wallet Partners DataForge to Boost Data Intelligence and Security in Web3

Cache Wallet, a renowned Web3 crypto wallet, has collaborated with DataForge AI, a popular Web3 infrastructure and data analytics firm. The partnership aims to merge Cache Wallet’s capabilities in the provision of on-chain recovery and protected multichain access with the intuitive data infrastructu

BlockChainReporter11m ago

Circle Moves $68 Million in 30 Minutes Using USDC, Showing Real Power of Stablecoin Payments

Circle recently demonstrated the transformative potential of stablecoins in corporate finance by swiftly transferring $68 million using USDC, showcasing advantages like instant settlement and improved transparency over traditional banking methods.

CryptometerIo1h ago

Hedera Integrates Chainlink to Unlock Real-World Data and Cross-Chain Connectivity

Hedera has integrated Chainlink to give its users secure access to cross-chain interoperability and real-world data. Chainlink’s on-chain reserve verification, data feeds and CCIP now power tokenized assets, DeFi and enterprise applications on Hedera. Hedera has joined dozens of blockchain a

CryptoNewsFlash1h ago

Fat Penguin's entry into physical retail faces setbacks! Accused of infringing on the 1955 old trademark, the officials countered with a meme mocking the accusations

Original Penguin has filed a trademark infringement lawsuit against Pudgy Penguins, accusing the latter of unauthorized use of its penguin images and trademarks, which could cause consumer confusion. Pudgy Penguins countered the allegations, emphasizing that the two brands have different positioning and that some trademarks have been approved. This case highlights the legal challenges NFT brands face when entering physical retail.

CryptoCity1h ago

Cardano promotes stablecoin USDCx, aiming for direct withdrawals without bridges

Input Output Group (IOG) has clarified its strategy for expanding stablecoin integration on Cardano through the USDCx infrastructure. This system, backed 1:1 by USD Coin in Circle's xReserve smart contract, enables various DeFi activities, targeting direct USDC withdrawals to enhance liquidity without relying on bridges. IOG emphasizes that USDCx is a long-term upgrade for Cardano's financial infrastructure.

TapChiBitcoin4h ago

Ripple’s Global Payments Expansion Strengthens XRP’s Institutional Role

Ripple’s global payments network is rapidly expanding as financial institutions increasingly seek full-service blockchain infrastructure partners, positioning Ripple’s ecosystem and XRP liquidity framework at the center of next-generation cross-border finance. Ripple’s Expanding Payments Network

Coinpedia7h ago
Comment
0/400
No comments