Mastering Employee Payments in an Unstable Ethereum World
Ethereum’s price can change rapidly, leaving many businesses questioning the viability of paying employees in crypto. The unpredictability of ETH’s value can lead to discontent among staff if they see their wages shrink during a downturn. This not only hampers morale but also complicates compliance with laws meant to ensure stable salaries. Hence, many small and medium-sized enterprises (SMEs) are reassessing their crypto payroll strategies, looking for a more stable approach that doesn’t compromise employee satisfaction.
The Rise of Stablecoins and Crypto Payroll APIs
To counter Ethereum’s volatility, many companies are opting for stablecoins, cryptocurrencies pegged to stable assets like the US dollar. They offer the benefits of…
