Bitcoin Decline: The New Crypto Payroll Solutions in Asia
Bitcoin’s Coinbase Premium has taken a hit, and what does that mean for crypto payroll solutions in Asia? The decline indicates a drop in U.S. demand, but it also opens the door for stablecoins to step in as the preferred method of employee compensation. Let’s dive into how these changes are shaping the demand for crypto payroll and what it means for businesses and employees.
What’s Happening with Bitcoin’s Coinbase Premium?
The Coinbase Premium Index has shown signs of weakness. This index is pretty much a reflection of U.S.-based spot buying, and its decline means there’s less demand for Bitcoin. Analyst Maartunn even pointed out that “the selling pressure from older coins could act as a short-term hurdle,” implying that…
