NEW YORK — February 10, 2026
Executive Summary
MoonPay and Deel have announced a partnership to enable stablecoin-based salary payouts for global workers, expanding crypto-enabled payroll options for distributed teams worldwide. Under the partnership, Deel will integrate MoonPay’s stablecoin conversion and payout infrastructure to allow workers to receive compliant salary payments directly into non-custodial crypto wallets. According to the companies, the rollout is scheduled to begin in the United Kingdom and European Union, with a subsequent expansion to the United States. The initiative is positioned as part of Deel’s broader expansion into flexible, alternative payment methods and MoonPay’s focus on embedding stablecoin infrastructure into real-world financial use cases. The collaboration is intended to support faster settlement, broader accessibility, and greater payment choice for globally distributed workers.
Announcement Overview
MoonPay announced a new partnership with Deel aimed at expanding the availability of stablecoin salary payouts for workers using Deel’s global payroll platform. The partnership will enable eligible Deel users to opt into receiving salary payments in stablecoins, with MoonPay providing the conversion, wallet delivery, and off-ramp infrastructure required to support end-to-end payroll functionality.
According to the companies, the partnership builds on Deel’s existing efforts to support crypto-enabled payroll while adding enterprise-grade stablecoin infrastructure to facilitate compliant salary payments across multiple jurisdictions. MoonPay’s role includes converting payroll amounts into stablecoins, delivering funds to users’ non-custodial wallets, and enabling flexibility for off-ramping into fiat where required.
The rollout is planned in phases. The initial phase will support workers based in the United Kingdom and the European Union, followed by a second phase expanding access to workers in the United States. The companies stated that additional regions may be considered over time, subject to regulatory and operational requirements.
Key Announcement Details
- Announcement type: Strategic partnership and payroll feature enablement
- Announcement category: Global payroll, HR technology, fintech, crypto payments
- Companies involved: Deel (global payroll and HR platform), MoonPay (crypto payments and stablecoin infrastructure provider)
- Partnership objective: Enable stablecoin-based salary payouts for global workers
- Feature introduced: Optional stablecoin salary payout capability
- Payroll context: Employee and contractor payroll processed through Deel
- Payment instrument: Stablecoins
- Conversion provider: MoonPay
- Wallet delivery method: Direct delivery to workers’ non-custodial crypto wallets
- Custody model: User-controlled, non-custodial wallets
- Off-ramp support: Fiat off-ramping supported via MoonPay infrastructure where available
- Compliance positioning: Salary payments structured as compliant payroll transactions
- Regulatory posture: Implemented within existing jurisdictional payroll and payments frameworks
- Initial rollout phase: United Kingdom and European Union
- Secondary rollout phase: United States
- Rollout timing: Initial phase scheduled to begin the month following announcement
- Geographic scope (current): UK, EU
- Geographic scope (planned): United States
- Eligible users: Deel workers who opt into stablecoin salary payouts
- Opt-in requirement: Voluntary, user-selected payout method
- Alternative payout methods: Traditional fiat payroll options remain available
- Primary use case: Cross-border payroll for distributed global teams
- Settlement characteristics: Blockchain-based settlement via stablecoins
- Infrastructure role of MoonPay: Stablecoin conversion, payout execution, wallet delivery, compliance and monitoring
- Platform role of Deel: Payroll processing, worker management, payout orchestration
- Announcement date: February 10, 2026
Strategic Context
According to the companies, the partnership reflects a broader trend toward alternative payment rails in global payroll, particularly for distributed workforces operating across multiple jurisdictions. Traditional cross-border payroll systems often rely on banking rails that can introduce settlement delays, higher transaction costs, and limited accessibility in certain regions.
Deel stated that expanding payroll options beyond traditional fiat transfers aligns with its goal of providing flexibility and choice to a global workforce. By integrating stablecoin payouts, Deel is extending its payroll infrastructure to accommodate workers who prefer digital asset-based compensation or operate in regions where banking access may be constrained.
MoonPay positioned the partnership as part of its broader strategy to embed stablecoin infrastructure into everyday financial workflows. According to the company, salary payments represent a practical, recurring use case for stablecoins, moving digital assets beyond speculative or trading-focused applications into operational financial activity.
The companies emphasized that the initiative is designed to operate within existing regulatory frameworks, with rollout sequencing reflecting jurisdictional considerations.
Overview of Stablecoin Payroll Functionality
Under the partnership, Deel users who opt into stablecoin payroll will receive salary payments converted into stablecoins via MoonPay’s infrastructure. MoonPay will handle the conversion process, wallet delivery, and provide options for off-ramping into fiat currencies where supported.
According to the companies, payments will be delivered directly to users’ non-custodial wallets, giving workers control over custody and access to their funds. This structure is intended to provide flexibility for workers who prefer to manage their earnings using digital asset wallets rather than traditional bank accounts.
MoonPay stated that its infrastructure connects traditional payment rails with blockchain networks, enabling seamless conversion and settlement while maintaining compliance with applicable regulations. Deel indicated that the integration is designed to function alongside its existing payroll offerings rather than replace them.
Leadership Statements
“Deel is transforming global payroll for the modern workforce, and MoonPay is proud to support their mission with enterprise-grade stablecoin payouts,” said Ivan Soto-Wright, CEO and Founder at MoonPay. “This partnership represents a major step forward in bringing digital assets into real-world financial use cases like salary payments.”
“At Deel, we are committed to giving the global workforce ultimate flexibility in how they receive their earnings,” said Thierry Edde, Head of Crypto at Deel. “By integrating MoonPay’s infrastructure, we’re expanding our suite of payment options, making it even easier for workers to access their pay instantly and securely via stablecoins.”
Stablecoin Payroll for Distributed Teams
According to the companies, enabling stablecoin salary payouts is intended to address several challenges faced by distributed teams and global workers. Cross-border payroll can involve multiple intermediaries, currency conversions, and settlement delays that impact workers’ access to earnings.
Stablecoins, which are designed to maintain a stable value relative to fiat currencies, offer an alternative settlement mechanism. MoonPay stated that near-instant settlement and blockchain-based delivery can reduce payment delays compared to traditional banking rails.
Deel indicated that offering stablecoin payouts is particularly relevant for workers operating in regions with limited banking infrastructure or where international transfers are subject to delays and higher fees. By allowing workers to opt into stablecoin payments, Deel is providing an additional method for accessing earnings.
Why Stablecoin Salary Payments Are Being Adopted
The companies outlined several functional considerations behind the adoption of stablecoin payroll options. According to MoonPay and Deel, stablecoins can enable faster settlement, broader accessibility, and greater control for recipients.
Faster payouts were cited as a key factor, with blockchain-based settlement enabling near-real-time delivery compared to traditional international transfers. Stablecoins were also described as a potential mechanism for preserving value in regions experiencing currency volatility, although the companies emphasized that participation is optional and user-driven.
Global accessibility was another consideration highlighted by the companies. Workers without consistent access to traditional banking services may still be able to receive funds securely through crypto wallets, expanding inclusion within global payroll systems.
Rollout Phases and Geographic Expansion
The partnership will be rolled out in phases, beginning with support for workers based in the United Kingdom and the European Union. According to the companies, these regions were selected for the initial phase based on regulatory readiness and operational considerations.
A second phase will extend stablecoin salary payouts to workers in the United States. The companies indicated that the phased approach allows for controlled implementation, compliance review, and operational scaling.
While no additional regions were formally announced, the companies noted that the partnership is structured to support future expansion, subject to regulatory approvals and market demand.
Deel’s Global Payroll Platform
Deel operates an all-in-one global payroll and HR platform designed to help companies hire, manage, pay, and equip workers across multiple countries. According to the company, its platform supports payroll, HR, benefits administration, mobility, performance management, and device management across more than 150 countries.
Deel stated that it serves more than 40,000 customers globally and operates on owned infrastructure supported by local expertise in multiple jurisdictions. The platform is designed to support compliance with local employment and payroll regulations while enabling centralized management for global teams.
The integration with MoonPay is positioned as an extension of Deel’s existing payment capabilities, adding stablecoin payouts as an optional method alongside traditional fiat-based payroll.
MoonPay’s Stablecoin and Payments Infrastructure
MoonPay is a financial technology company focused on enabling the movement of value between fiat currencies and digital assets. Founded in 2019, MoonPay reported serving more than 30 million customers across 180 countries and supporting more than 500 enterprise customers.
According to the company, MoonPay provides on- and off-ramps, trading, crypto payments, and stablecoin infrastructure through a single integration. Its platform is designed to connect traditional payment rails with blockchain networks, supporting a range of use cases including payments, transfers, and conversions.
MoonPay maintains a broad regulatory footprint. The company holds a New York BitLicense, a New York Limited Purpose Trust Charter, money transmitter licenses across the United States, and authorization under the European Union’s MiCA framework. These regulatory approvals support MoonPay’s ability to operate across multiple jurisdictions and integrate with enterprise platforms.
Compliance and Regulatory Considerations
The companies emphasized that stablecoin salary payouts are being implemented within existing compliance frameworks. Deel stated that payroll payments made through the platform are designed to remain compliant with applicable employment and tax regulations, regardless of payout method.
MoonPay indicated that its infrastructure incorporates compliance controls related to identity verification, transaction monitoring, and regulatory reporting. The phased rollout reflects the need to align implementation with jurisdiction-specific requirements.
According to the companies, workers will retain the choice to opt into stablecoin payouts, with traditional payroll options remaining available.
Implications for Global Payroll Operations
The partnership between Deel and MoonPay reflects ongoing experimentation within global payroll operations to incorporate alternative settlement technologies. By integrating stablecoin payouts, the companies are testing the viability of blockchain-based payments in a regulated, enterprise payroll context.
According to the companies, the initiative is intended to complement existing systems rather than replace them, offering additional flexibility to workers and employers. The partnership also serves as a case study for how stablecoin infrastructure can be embedded into established financial workflows.
About Deel
Deel is a global payroll and human resources platform founded in 2019 to address the operational, legal, and compliance complexity of hiring and managing distributed workforces across international borders. The company was established to enable businesses to employ, pay, and support workers globally without the need to set up local entities in each jurisdiction.
Deel provides an integrated platform covering payroll processing, contractor and employee management, benefits administration, global mobility, performance management, and device provisioning. The platform operates across more than 150 countries, supporting both employees and independent contractors while aligning with local labor, tax, and payroll regulations.
According to the company, Deel serves more than 40,000 customers globally, ranging from early-stage startups to large multinational organizations. The platform is built on owned infrastructure and supported by thousands of local legal, payroll, and HR experts, enabling jurisdiction-specific compliance while allowing centralized workforce management.
Deel’s operating model combines automation, AI-enabled workflows, and localized expertise to manage the full lifecycle of global employment, from hiring and onboarding through payroll execution, benefits administration, and workforce support. The company positions its platform as a unified system of record for managing international teams at scale.
About MoonPay
MoonPay is a global financial technology company founded in 2019 with a focus on enabling the movement of value between fiat currencies and digital assets. The company was established to provide compliant, enterprise-grade infrastructure that connects traditional payment rails with blockchain networks.
MoonPay offers a unified platform supporting on- and off-ramps, trading, crypto payments, and stablecoin infrastructure through a single integration. Its services enable businesses and consumers to convert, transfer, and manage value across fiat and digital assets within regulated environments.
According to the company, MoonPay serves more than 30 million customers across over 180 countries and supports more than 500 enterprise customers spanning the crypto and fintech sectors. The platform is designed to support high-volume, global payment flows while maintaining regulatory compliance and operational reliability.
MoonPay maintains a broad regulatory footprint, including a New York BitLicense, a New York Limited Purpose Trust Charter, and money transmitter licenses across multiple U.S. states. The company also holds authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework. These approvals support MoonPay’s ability to operate across jurisdictions and provide stablecoin and digital asset infrastructure to enterprise partners worldwide.
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Source Attribution
Source: Company announcement