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Deel and MoonPay Bring Stablecoin Paychecks to Europe

Key Takeaways

  • Deel plans a new stablecoin payout option for UK and EU workers and aims to extend the same feature to the US in a later phase;
  • Workers gain direct control of their income through non-custodial wallets while Deel manages payroll and MoonPay handles conversion;
  • The partnership expands crypto payout options as Deel processes $22 billion in annual payments.

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Deel and MoonPay Bring Stablecoin Paychecks to Europe

Deel, a payroll platform, announced plans to introduce an option for workers in the UK and EU to receive their pay in stablecoins.

This update comes through a new partnership with MoonPay, and the feature is set to launch in March. The same option is planned for the US at a later time.

The integration gives employees the choice to take part or all of their income in stablecoins instead of local currency. Payments will go directly to non-custodial crypto wallets, which allows workers to control their funds.

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Deel will continue to manage payroll and compliance. MoonPay will handle converting salaries into stablecoins and sending them on-chain. This adds a crypto payment route without changing Deel’s core payroll system.

Deel reported in October 2025 that it processes $22 billion in payroll each year for more than 150 million workers worldwide. The new partnership expands the company’s existing crypto payout features.

It also gives MoonPay another way to distribute its services, backed by its US money transmitter licenses, a New York BitLicense, and approval under the EU’s MiCA rules.

JP Richardson, co-founder and CEO of Exodus, wrote on X that paychecks can bring more people into crypto. He noted that stablecoin payouts may reduce delays and fees in cross-border transfers.

Circle Internet Group plans to spend 2026 improving its technology base to support stablecoin use among businesses and institutions. What did Nikhil Chandhok, Circle’s chief product and technology officer, say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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