Payroll and human resources platform Deel has launched stablecoin salary payouts and announced the formation of a dedicated crypto division, led by new head of crypto Thierry Edde.
“The new division signals Deel’s strategic commitment to building the financial infrastructure that allows any business to pay any worker, in any currency, on any payment rail, anywhere in the world,” the San Francisco-based company said in a media release on May 20. “Stablecoin salary payouts is its first major launch under dedicated leadership.”
Deel says its platform works seamlessly across both fiat and crypto rails with one compliance layer, for employees and contractors.
“Stablecoin salary payouts build directly on Deel’s existing crypto infrastructure. Since January 2026, Deel’s stablecoin payments capability has allowed businesses to fund global payroll directly from a stablecoin treasury, with no FX conversion and settlement in minutes rather than days,” the company said. “Stablecoin salary payouts extend this to the worker side: employers fund payroll in fiat or stablecoins; employees choose whether to receive their net salary in fiat or a supported stablecoin. Both sides of the transaction run on the same platform, under the same compliance layer.”
The feature, which is free for employees, is available now for Deel EOR and global payroll customers with employees in the U.S. and across the Eurozone, with additional markets launching later this year.
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The employer enables it once, employees opt in once, and stablecoins land in their wallet on every subsequent payday, Deel says.
Deel handles payouts, compliance, and settlement in the background. No new vendor relationships; no new processes for the employer, the company says. Stablecoin salary payouts are powered by BVNK, a London-based fintech company.
Deel processed $250 million in crypto payouts in 2025, demand that has grown consistently year on year as workers increasingly choose stablecoin pay over local currency alternatives.
“The infrastructure for how businesses pay their people needs to move with them. Stablecoin pay is no longer a nice-to-have, it’s what workers want and what employers increasingly need to offer to compete for global talent,” Edde, who has worked at Deel in a variety of roles for the past five years, said in a statement. “Stablecoin salary payouts let any employer on Deel offer that benefit today, with zero new admin and no payroll process changes. That’s the infrastructure we’re here to build.”
“Payroll is one of the last major financial workflows still constrained by legacy rails,” added Chris Harmse, chief business officer and co-founder at BVNK. “Deel leads the way in global payroll, and together we’re helping make stablecoins a core part of their operations. It’s not just a new payout method, it’s scalable, compliant infrastructure for modern payroll. That shift is going to fundamentally transform how global payroll is delivered.”
Stablecoin salary payouts is currently available for eligible Deel customers. More information about Deel can be found here.
Photo credit: Deel/LinkedIn
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Tags: cryptocurrency, Deel, employees, employers, Payroll, salary, stablecoins, Technology, workers
