Payroll Solutions Company Deel Integrates Stablecoin USDC and Solana (SOL)
![Payroll Solutions Company Deel Integrates Stablecoin USDC and Solana (SOL)](/content/images/size/w960/wordpress/2023/03/DALL-E-2023-03-01-13.31.01-an-image-representation-of-semi-fungible-tokens-but-color-in-synthwave.png)
Deel, a fintech company that specializes in payroll, has added two additional coins to its crypto portfolio. Contractors can now get their payments in USDC or Solana, the proof-of-stake blockchain’s native asset. Salary payments in bitcoin, ether, and XRP were previously supported on the site. In October, Deel secured $425 million in a Series D funding round.
Contractors will need a coinbase account to take advantage of the new functionality. Deel, according to their statements that cryptocurrencies offer a faster way for people to get paid with lower processing fees.
Deel’s clients include the likes of Coinbase, BlockFi, and Rarible.