Crypto Payroll: How Bitcoin’s Volatility Drives Stablecoin Adoption
In the ever-shifting sands of finance, Bitcoin’s price is notorious for its wild swings. For businesses looking to embrace crypto payroll, this volatility is a double-edged sword. While it offers a chance to innovate, it also presents a challenge that many fintech startups in Asia are grappling with. The solution? A rising demand for stablecoins, which promise faster transactions and lower fees.
Bitcoin’s infamous price fluctuations can be a nightmare for employees who receive their salaries in Bitcoin. Imagine your paycheck suddenly losing value overnight. Not only does this create anxiety for employees, but it also puts employers in a bind. Who wants to deal with payroll values that shift like the wind? Many are now leaning towards…
