In a significant development for the cryptocurrency sector, MoonPay has announced a partnership with payroll and human resources platform Deel to enable approximately 40,000 companies in the UK and EU to pay employees in stablecoins. This innovative approach aims to streamline payroll processes, allowing businesses to send wages directly to employees’ digital wallets.
The initiative will utilize MoonPay’s Iron unit, which specializes in fiat infrastructure. It is particularly targeted at firms already utilizing Deel’s comprehensive global payroll services that manage compliance and payments across various jurisdictions. Deel has a proven track record in this area, having handled around $22 billion in payroll transactions in 2025 alone.
The decision to introduce stablecoin payments follows MoonPay’s strategic move to enhance its presence in the cryptocurrency infrastructure landscape. The rollout is set to begin in the UK and EU, with intentions to extend the service to the United States in the future. This initiative is part of MoonPay’s broader vision to expand the role of cryptocurrency in everyday business operations, especially in regions with complex cross-border payroll requirements.
Deel has integrated cryptocurrency options for worker compensation since at least 2021, when it first enabled employees to receive wages in USDC using the Solana blockchain. The company has received considerable backing, illustrated by a $425 million Series D funding round raised in the same year.
As digital currencies gain traction in various business dealings, this partnership signifies a pivotal moment for the adoption of stablecoins in payroll management. The integration could offer firms enhanced efficiency, reduced transaction costs, and a modernized approach to employee compensation.
