Bitwage is the world’s leading provider of bitcoin, cryptocurrency and stablecoin payroll with billing and benefits services. The company also offers resources for employers, employees and freelancers with its robust online platform

San Francisco, California – (Newsfile Corp. – August 21, 2022) – Crypto payroll provider Bitwage continues to drive innovation in the crypto payroll space by launching the USD Coin (USDC), a fully reserved digital dollar currency, on the Stellar -Blockchain offers on their platform.

bit wage

To view an expanded version of this graphic, please visit:
https://images.newsfilecorp.com/files/8814/134085_c590aad634286bf2_001full.jpg

With Bitwage, companies around the world now have a fully compliant, user-friendly and frictionless solution when it comes to paying their employees and contractors worldwide. Hiring talent across different continents and countries can be a major pain point – even for companies that already have an established presence in the countries they want to hire from – and Bitwage aim to provide a new solution with this latest implementation .

With this announcement, workers can now receive any desired percentage of their salary in digital dollars through USDC. This means lower costs, same-day deposits of their funds, the ability to store their savings in USDC, and the ability to get local currency exactly when they need it. Using USDC on the Stellar blockchain gives workers access to USDC on a low-fee blockchain that has one of the longest histories in the industry.

How it works: Any company in the world can register with Bitwage today and use it to pay their employees. The company then invites its employees to do so Bitwages Platform. Workers then choose what percentage of their pay goes to USDC, local currencies, or bitcoin. When it comes to the salary itself, companies pay wages the way they are used to, without reducing the burden on their accounting…