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Crypto Paychecks Have More Appeal Outside U.S., Says Hiring Firm

Feb. 10, 2022, 7:50 PM

Employees all over the world are opting to get paid in cryptocurrencies, though they’re still in a small minority, according to global payrolls and hiring company Deel.

Out of 100,000 hires in more than 150 countries that Deel has been involved with over the past six months, about 2% opted to take at least part of their salaries in currencies not backed by a sovereign, the firm’s data show. Bitcoin accounted for about two-thirds of the crypto payments since Deel began offering that option in July last year.

Deel helps businesses hiring international employees and contractors, by providing employment, ...