Navigating Crypto Payroll Platforms Amidst Supply Shocks
Supply shocks in cryptocurrency can certainly throw a wrench in the operations of crypto payroll platforms. When tokens suddenly become scarce, the ripple effects can create chaos for companies aiming to compensate their employees in crypto. Recently, we’ve seen this with XRP – a sudden shortage on exchanges, and boom, prices skyrocket.
It’s a double-edged sword, to say the least. But what does this mean for companies that have jumped into the crypto payroll bandwagon?
The Ripple Effects of Supply Shortages
As supply decreases, demand doesn’t magically stop. If anything, it can increase, leading to a perfect storm of volatility. It’s a tough situation for businesses that are trying to keep their workforce happy with crypto…
