Global HR platform Remote has announced that it will be officially implementing stablecoins such as USDC for contractors to pay their employees with.
Remote will facilitate stablecoins in 69 different countries, beginning with USDC’s integration on Base. US-based customers will gain first access to be paid in stablecoins.
The capability to be paid in stablecoins will enable companies to pay employees near instantly and provides an alternative secure method whilst upholding compliance measures at home and abroad.
“One of the biggest hurdles companies face when hiring on international talent is providing fast, flexible, and reliable payments around the world,” said Job van der Voort, CEO and Co-Founder of Remote.
“With the introduction of stablecoin payouts via Stripe, we’re adding a feature that has been highly requested by our customers, enabling them to pay contractors how they prefer, while maintaining the compliance and simplicity Remote is known for.”
Contractor management is one of the fastest-growing capabilities of the Remote platform as businesses shift toward tapping global talent pools and adopting more flexible workforce models.
Stablecoin payments complement Remote’s automation features for onboarding, invoicing, and paying contractors in minutes around the world, making it easy to manage and pay all their talent from a single dashboard.
The new feature offers companies a flexible and efficient way to meet the needs of their contractors seeking faster payments. Contractors can select a new withdrawal method and add their Base Network Wallet Address to receive payouts in USDC, while their employer is billed in US dollars.