Is Stablecoin Payroll the Future for SMEs?
What is the significance of stablecoins in crypto payroll?
Stablecoins, known for their stability, are becoming essential in the crypto payroll arena, especially for SMEs across Europe. They provide a way to streamline payroll processes, offering low-cost, efficient solutions that allow for rapid cross-border payments, ultimately decreasing both fees and processing times.
Why should SMEs consider stablecoins for hiring?
For SMEs looking to hire global contractors, stablecoins present an attractive option. They can lower international payroll costs from over 6% to less than $5 per transaction. In addition, transactions can settle in under two minutes, compared to the traditional banks’ timeframes of 3-7 days. This speed and cost-saving…
