Managing USDC Payroll Risks: Strategies for Crypto Businesses
Cryptocurrency is making waves in all sorts of industries, and businesses are now looking at stablecoins like USDC as a way to pay their employees. Sounds great, right? Well, it might not be as safe as it seems. There are hidden risks that could disrupt operations during market fluctuations. Let’s take a closer look at the risks that come with using USDC for payroll, other stablecoin options, and how to protect your business.
What is USDC and How Does it Fit into Payroll?
USD Coin (USDC) is a stablecoin pegged to the US Dollar, which has gained popularity for its stability in the otherwise volatile crypto market. Using it for payroll has been a go-to for many businesses due to its compliance with regulations. But, let’s face it,…
