Crypto Payroll Solutions: Moving Beyond Bitcoin
Bitcoin’s erratic price swings have been a hot topic lately, and they’ve pushed many startups to rethink how they handle payroll. Who wouldn’t want to avoid those wild fluctuations when paying employees? Increasingly, companies are turning to stablecoins as a more stable and predictable option for salary payments.
The Influence of Bitcoin’s Price on Crypto Payroll
Recently, Bitcoin’s price took a wild ride, dropping from a high of $106,000 to just $80,600 in a mere ten days. That kind of volatility makes it hard to rely on Bitcoin for regular salary payments. Now, as Bitcoin has bounced back to around $87,000 to $90,000, some companies are realizing that keeping it all in Bitcoin may not be the smartest move.
