Managing Crypto Payroll: Strategies for Startups in a Volatile Market
So here we are, folks. The crypto market is a wild ride, and it’s not getting any calmer. With many of the top 100 tokens being down over 72% from their all-time highs, startups are in a tough spot when it comes to payroll. Sure, Bitcoin and Ethereum are still holding on, but what about the rest of the gang? That’s where stablecoins come in.
Why Are We Talking About Stablecoins?
Let’s be real. The volatility of cryptocurrency valuations is a double-edged sword. On one side, it can offer high potential returns; on the other, it can tank an employee’s paycheck before it even hits their wallet. That’s why stablecoins are becoming increasingly important. They offer a semblance of stability, which is something we could all use right now….
