MoonPay partners with Deel to launch stablecoin payroll services in the UK and the EU

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PANews February 11 News, according to The Block, cryptocurrency payment company MoonPay announced a partnership with payroll and human resources platform Deel, aiming to help approximately 40,000 businesses in the UK and EU pay employee salaries with stablecoins. MoonPay will provide support through its fiat infrastructure subsidiary Iron, enabling companies to directly send stablecoins to employees’ wallet addresses. This service will be launched first in the UK and EU, with plans to expand to the US market in the future.

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