Crypto Payroll Takes Over Silicon Valley: Hype vs Reality
Crypto payroll is becoming a hot topic as more companies, especially fintech for startups, begin to adopt it. But what’s the reality behind this trend? Is it truly an effective solution for reaching unbanked populations or just another hype?
Reaching the Unbanked: How Crypto Payroll Promotes Financial Inclusion
On one side, crypto payroll allows businesses to pay employees in cryptocurrencies without needing a traditional bank account. This opens doors for unbanked individuals, especially in regions where banking services are scarce. People are able to access their earnings directly through crypto, promoting financial independence.
However, let’s not forget the challenges. Crypto volatility can be a nightmare for both employers and…
