Global payroll platform Deel will begin offering stablecoin salary payouts through a partnership with MoonPay, starting with workers in the UK and EU next month. The integration allows employees to receive wages directly in stablecoins to non-custodial crypto wallets, while MoonPay handles the conversion and on-chain delivery and Deel continues to operate the payroll and compliance layer. Deel processes $22 billion in payroll annually worldwide and serves more than 150 million workers, the company said in October.
JP Richardson, co-founder and CEO of Exodus, said the partnership signals a broader shift toward everyday crypto use. “You don’t bring the world into crypto with whitepapers. You do it with paychecks,” Richardson wrote on X.
MoonPay holds a New York BitLicense and money transmitter licenses across the US and is authorized under the EU’s MiCA framework, supporting Deel’s enterprise crypto payout ambitions. The companies did not disclose which stablecoins will be supported or how many users are expected to opt in at launch, nor a specific timeline for the US expansion or regulatory approvals tied to the second phase.
The move arrives as the stablecoin space grows amid a broader push to launch regulated, US‑dollar pegged tokens. Since the GENIUS Act established a federal framework for payment stablecoins in 2025, several players have pursued US‑based launches, including new tokens from World Liberty Financial, Wyoming’s Frontier Stable Token (FRNT), and Tether’s USAt, alongside proposed FDIC‑backed pathways for bank subsidiaries to issue payment stablecoins.
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