MoonPay has partnered with payroll platform Deel to introduce a stablecoin payout service for businesses in the UK and EU. This collaboration aims to facilitate approximately 40,000 companies in paying their employees using stablecoins. MoonPay will leverage its fiat infrastructure subsidiary, Iron, to enable direct stablecoin deposits into employees' wallet addresses. The service is set to launch initially in the UK and EU, with future expansion plans targeting the US market.
MoonPay and Deel Launch Stablecoin Payroll Service in UK and EU
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