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Global payroll platform Deel will begin offering employees the option to receive salary payments in stablecoins through a new partnership with MoonPay, starting with workers in the United Kingdom and European Union.
The rollout is scheduled to begin next month, with a second phase planned for the United States. Under the arrangement, employees will be able to opt in to receive part or all of their wages in stablecoins delivered directly to non-custodial crypto wallets.
Deel will continue operating its payroll and compliance infrastructure, while MoonPay will manage stablecoin conversion, settlement and onchain wallet delivery.
One of the year's biggest crypto stories so far:@MoonPay just partnered with @Deel to pay salaries in stablecoins.
— JP Richardson (@jprichardson) February 10, 2026
We've been doing crypto payroll at @exodus for years. We know it works. Deel has over a million workers in 150+ countries.
This is about to change everything.…
Deel processes approximately $22 billion in annual payroll volume globally and supports hiring and payments across more than 150 countries, according to company disclosures last year. The integration adds crypto settlement rails to its existing payroll system, expanding its alternative payout options for distributed teams.
The companies did not specify which stablecoins will be supported at launch or provide a timeline for U.S. regulatory approvals tied to the second phase.
MoonPay maintains a broad regulatory footprint, including a New York BitLicense and money transmitter licenses across the United States, as well as authorization under the European Union’s Markets in Crypto-Assets framework.
The partnership comes as stablecoins continue to expand beyond trading use cases into payments and enterprise applications. Since the passage of the GENIUS Act in 2025, which established a federal framework for payment stablecoins in the United States, a growing number of financial and crypto-native firms have explored regulated digital dollar products.
In March 2025, World Liberty Financial launched its USD1 stablecoin. That same year, Wyoming introduced the Frontier Stable Token, becoming the first U.S. state to issue a state-backed stablecoin. Traditional financial institutions have also examined entry into the sector following guidance from federal regulators outlining how supervised banking subsidiaries could apply to issue payment stablecoins.
Despite the wave of new entrants, the stablecoin market remains concentrated, with Tether’s USDt accounting for roughly 60% of total stablecoin market capitalization, while Circle’s USDC represents approximately 24%.
By integrating stablecoin payouts into payroll infrastructure, Deel and MoonPay are positioning digital dollar settlement as an alternative to traditional cross-border payment rails for global workers.
