Crypto Payroll: A Viable Option for SMEs?
The adoption of crypto payroll among small and medium-sized enterprises (SMEs) has recently gained traction, especially with the increasing interest in Ethereum and other cryptocurrencies. Yet, the volatility of Ethereum is a double-edged sword. Sure, it’s exciting, but it also brings the potential for unpredictable budgeting and employee dissatisfaction. The question remains, can SMEs realistically embrace crypto payroll despite these fluctuations? Let’s dive into the intricacies.
Ethereum’s Price Swings: A Challenge for Payroll
Ethereum is one of the most well-known cryptocurrencies, but it’s also notorious for its price volatility. This unpredictability complicates payroll budgeting for SMEs because the value of salaries paid…