MoonPay wants to help 40,000 businesses in UK and EU pay workers in stablecoins

MoonPay has announced a deal through its fiat infrastructure subsidiary, Iron, to collaborate with the payroll and HR platform Deel. This partnership aims to allow approximately 40,000 businesses across the UK and EU to pay their workers using stablecoins, which will be deposited directly into employees' digital wallets. While the initial launch is focused on the UK and EU, MoonPay has indicated plans to expand the service to the U.S. Deel's CEO noted that the company processed $22 billion in global payroll in 2025 and is making a significant investment in crypto infrastructure through this collaboration. Deel has existing ties to the crypto space, having previously allowed workers to be paid in USDC or Solana.

(Source：The Block)