Stripe and Remote Transform Payroll with USDC Integration
by aria-crypto.com
December 17, 2024 at 18:51
Stripe and Remote Transform Payroll with USDC Integration
Global payroll provider Remote has teamed up with Stripe to offer United States-based companies the ability to pay their contractors in 69 countries using USD Coin (USDC). This partnership leverages Stripe's payment processing capabilities to facilitate payments on its Base platform, a layer-2 network launched by Coinbase. The addition of USDC payments is designed to streamline payroll processes, offering a stable and instant settlement option that bypasses traditional banking delays. According to Remote’s CEO, Job van der Voort, USDC provides a stable store of value, especially valuable in countries experiencing economic instability. This move by Stripe and Remote reflects a broader shift towards digital currency solutions in global business practices, aiming to enhance financial fluidity and security for contractors worldwide. The integration of stablecoin payment options like USDC into mainstream financial transactions illustrates a growing trust in the stability and reliability of digital currencies in a fluctuating market environment.
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