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Tag: payroll

Payroll Solutions Company Deel Integrates Stablecoin USDC And Solana (SOL)

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 in order to take advantage of the new functionality. Deel, according to their statements that cryptocurrencies offers a faster way for people to get paid with lower processing fees.

Deel’s clients include the likes of Coinbase, BlockFi, and Rarible.