Deel to Offer Stablecoin Salary Payouts via MoonPay in UK, EU

TLDR

• Deel has partnered with MoonPay to offer stablecoin salary payouts to employees in the UK and EU.
• The integration allows workers to receive part or all of their salary in stablecoins through non-custodial crypto wallets.
• MoonPay will manage stablecoin conversion and settlement, while Deel handles payroll and compliance operations.
• Deel processes $22 billion in payroll annually, serving over 150 million workers globally.
• JP Richardson, CEO of Exodus, stated that paychecks will drive broader crypto adoption.

Global payroll platform Deel has partnered with MoonPay to introduce stablecoin salary payouts, starting in the UK and EU next month. This new feature will enable workers to receive wages directly in stablecoins, through non-custodial crypto wallets. Deel, which processes $22 billion in payroll annually, will integrate MoonPay’s conversion and on-chain delivery services into its existing payroll infrastructure.

The partnership comes as Deel continues to expand its crypto payout options. The integration with MoonPay allows employees to opt for part or all of their salary to be paid in stablecoins instead of traditional fiat currencies. Deel’s payroll and compliance operations will remain in place, while MoonPay handles the stablecoin conversion and settlement.

Deel’s Expansion of Crypto Salary Options

Deel’s new offering enhances its existing payroll services by adding crypto payment options. The company processes payroll for over 150 million workers worldwide and aims to integrate blockchain technology for efficient payments. The stablecoin payouts are intended to simplify global transactions and reduce costs associated with traditional banking.

Employees will have the ability to choose how much of their salary they want to receive in stablecoins. Deel’s partnership with MoonPay facilitates a seamless conversion process, ensuring that payments are both secure and efficient. This move is seen as a step toward increasing the adoption of cryptocurrency for everyday financial activities.

MoonPay’s Role in Stablecoin Payroll

MoonPay’s involvement in this collaboration focuses on managing the conversion and delivery of stablecoins to employees. As part of the deal, MoonPay will handle all aspects of crypto wallet delivery. The company’s platform ensures that payments are processed quickly and securely, using the latest blockchain technology.

JP Richardson, co-founder and CEO of Exodus, highlighted the shift toward crypto adoption. “You don’t bring the world into crypto with whitepapers. You do it with paychecks,” Richardson stated. This partnership will likely lower transaction fees and eliminate delays associated with cross-border payments, benefiting workers around the world.

The companies did not reveal which stablecoins would be supported initially, or how many workers are expected to opt in. They also did not share specific timelines for a US rollout. However, the expansion to the US is expected to follow after the UK and EU implementation.

US Market Growth for Stablecoins

The US stablecoin market has seen significant growth since the GENIUS Act established a framework for payment stablecoins in 2025. Several companies have launched stablecoins in the US, including Tether’s USAt, a regulated payment stablecoin. With increased regulatory clarity, stablecoins are becoming more mainstream, with several US banks preparing to issue their own digital currencies.

MoonPay’s collaboration with Deel comes as the regulatory landscape for stablecoins continues to evolve. As the US and European markets adopt more stablecoin systems, the use of blockchain technology for everyday transactions is expected to increase.

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