Deel Launches Stablecoin Salary Payouts and Appoints Head of Crypto to Lead New Dedicated Department

Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel.

The new division signals Deel’s strategic commitment to building the financial infrastructure that allows any business to pay any worker, in any currency, on any payment rail, anywhere in the world. Stablecoin salary payouts is its first major launch under dedicated leadership.

Global payroll is at an inflection point. Treasury teams are increasingly settling in stablecoins, and workers want stablecoin pay and more flexibility than traditional banking delivers. Until now, businesses have had to run two separate systems to support both – one for fiat payroll, one for stablecoins. Deel is building the infrastructure to change that, operating seamlessly across both fiat and crypto rails with one compliance layer, for employees and contractors. 

The feature is available now for Deel EOR and global payroll customers with employees in the US, and across the Eurozone, with additional markets launching later this year. The employer enables it once; employees opt in once; stablecoins land in their wallet on every subsequent payday. The feature is free for employees. Deel handles payouts, compliance, and settlement in the background. No new vendor relationships, no new processes for the employer. Stablecoin salary payouts are powered by BVNK.

Deel processed $250 million in crypto payouts in 2025, demand that has grown consistently year on year as workers increasingly choose stablecoin pay over local currency alternatives. USD featured in five of the ten most common country-currency combinations on Deel globally, reflecting how mainstream stablecoin pay has become across the platform’s 40,000+ business customers.

Thierry Edde, Head of Crypto at Deel, said:

“The infrastructure for how businesses pay their people needs to move with them. Stablecoin pay is no longer a nice-to-have, it’s what workers want and what employers increasingly need to offer to compete for global talent. Stablecoin salary payouts let any employer on Deel offer that benefit today, with zero new admin and no payroll process changes. That’s the infrastructure we’re here to build.”

“Payroll is one of the last major financial workflows still constrained by legacy rails,” said Chris Harmse, Chief Business Officer and Co-Founder at BVNK. “Deel leads the way in global payroll, and together we’re helping make stablecoins a core part of their operations. It’s not just a new payout method, it’s scalable, compliant infrastructure for modern payroll. That shift is going to fundamentally transform how global payroll is delivered.”

Stablecoin salary payouts build directly on Deel’s existing crypto infrastructure. Since January 2026, Deel’s stablecoin payments capability has allowed businesses to fund global payroll directly from a stablecoin treasury, with no FX conversion and settlement in minutes rather than days. Stablecoin salary payouts extend this to the worker side: employers fund payroll in fiat or stablecoins; employees choose whether to receive their net salary in fiat or a supported stablecoin. Both sides of the transaction run on the same platform, under the same compliance layer.

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