Deel, a global payroll and employer-of-record platform, is letting full-time employees receive part of their net salary in stablecoins, expanding a crypto payout option that was previously available to contractors.
The company said in a May 21 blog post that employers can now offer stablecoin salary payouts. Workers can choose to receive part of their net pay in a dollar or euro-backed digital currency, while the rest of their salary continues to arrive in their regular bank account.
Deel
The feature is available at launch for employer-of-record and global payroll employees in the U.S. and the Eurozone only. Deel said the rollout covers 25 countries, including Spain, Germany, France, the Netherlands, Switzerland, Italy and Portugal, with more markets planned later this year.
Deel said employers can turn the feature on or off, employees opt in themselves, and companies pay a flat $10 per participating employee per month only when the feature is used.
Deel also said conversion and on-chain settlement are handled by licensed third-party providers inside its platform.
- Although Deel didn't name those providers, crypto payment processor MoonPay said in February that its Iron stablecoin infrastructure powers Deel's stablecoin salary payouts.
- BVNK, a stablecoin-focused payment platform, also said it partnered with Deel in spring 2024 to support stablecoin payouts for contractors.
The feature builds on an earlier crypto payroll move from Deel. Since January 2026, employers have been able to fund global payroll directly from a stablecoin treasury, the blog post reads. The new feature adds stablecoin payouts on the worker side.