In today’s connected world, hiring talent from different countries is easier than ever. But paying them? That’s where things get messy. Traditional international payroll can involve slow bank transfers, high fees, unpredictable exchange rates, and frustrating paperwork.
One way forward is through stablecoins — a form of cryptocurrency designed to keep its value steady, usually pegged to the U.S. dollar. Popular stablecoins like USDC or USDT aim to always be worth about $1. They’re backed by reserves and can be sent instantly, like a digital version of cash, without relying on the traditional banking system. In the U.S., the proposed Genius Act would officially recognize certain stablecoins, giving them government-backed legitimacy as a form of currency.
Why Stablecoins Make Sense for Payroll and Reimbursements
- Instant Transfers Bank wires can take days, especially when crossing borders. Stablecoin transactions settle in seconds — even on weekends or holidays — so employees get paid faster.
- Lower Costs International wire fees often run $20–$50 per transfer, plus hidden currency conversion costs. Sending stablecoins can cost just a few cents, saving both employers and employees money.
- Currency Stability Paying in local currency can be risky if that currency is volatile. Stablecoins pegged to the U.S. dollar protect employees’ earnings from rapid devaluation.
- Global Accessibility Not every talented worker has a reliable bank account. All they need to receive stablecoins is a smartphone and internet connection, making payroll possible in countries with limited banking infrastructure.
- Easier Reimbursements For global teams, reimbursing expenses can be painful. Employees may submit receipts in different languages and currencies, which can slow down approvals and payments. With stablecoins, reimbursement is as quick as payroll — once approved, funds arrive instantly.
How to pay your global employees using stablecoin?
For companies hiring across borders, paying a global team shouldn’t be harder than hiring one. Mizu Financial turns international payroll into a fast, simple, and cost-effective process — no crypto expertise required.
Here’s how Mizu Financial delivers:
- Effortless Account Setup — Every company and employee gets their own digital account from day one. No need to learn about wallets, blockchains, tokens, or gas fees — everything is ready to use the moment you sign up.
- Instant, Low-Cost Payments — Send payroll or reimbursements anywhere in the world in seconds, with near-zero transaction fees.
- AI-Powered Expense Management — Mizu’s built-in AI scans and validates foreign receipts automatically, cutting approval times and ensuring company policy compliance.
- Real-Time Tracking — Both employers and employees can view every transaction instantly, with full transparency and easy record-keeping.
If you're interested in using Stablecoin in your business or day-to-day transactions, feel free to leave a message here.
