Paystand Acquires Bitwage: A New Era for Crypto Payroll
The crypto payroll landscape is undergoing a massive transformation as Paystand, a leading B2B payments platform, announces its acquisition of Bitwage. This move integrates stablecoin payroll capabilities, making seamless and instant global payments a reality for businesses worldwide.
Why This Acquisition Matters
Paystand processes over $20 billion annually, while Bitwage has successfully handled $400 million in crypto wages across 200 countries. By combining forces, these platforms offer a robust solution that eliminates traditional payroll hurdles like ACH delays, costly foreign exchange fees, and restricted banking hours.
Employees and freelancers can now receive salaries in stablecoins like USDC and USDT, which can be conveniently converted into local currencies via platforms such as Circle and Tether. With this solution, payroll becomes faster, more secure, and more efficient, bridging the gap for global economies.
Stablecoins: The Backbone of Modern Payroll
In 2025, stablecoin transaction volume soared to a staggering $9 trillion, accounting for nearly half of Visa’s annual throughput. This demonstrates the increasing adoption of digital currencies in mainstream financial ecosystems. Platforms like Bitwage prioritize blockchain-agnostic and Layer-2 solutions, ensuring quick settlements and reduced fees, particularly for international payroll transactions.
Furthermore, with zero reported security incidents and the strategic use of fast networks like Solana, crypto payroll platforms are gaining trust and favor among businesses and freelancers alike.
Regulatory Developments and Market Growth
The regulatory landscape is adapting to these advancements. Recent support for stablecoins under U.S. laws and increased clarity from the SEC signal more confidence in crypto payroll services. Visa’s acquisition of Bridge and Mastercard’s USDC settlement programs also highlight the industry’s upward trajectory.
Moreover, the market for crypto payroll solutions is projected to reach $6.38 billion by 2033, with key players such as Deel and Rippling entering the space. These platforms provide competitive alternatives for employers exploring digital currency wages, further legitimatizing crypto as a viable payment method.
Make the Switch to Crypto Payroll
For businesses and freelancers ready to embrace modern payroll solutions, crypto salary platforms like Paystand and Bitwage offer practical and innovative tools to optimize cross-border payments. As financial systems grow increasingly interconnected, adopting stablecoin-based wages ensures efficiency, transparency, and cost savings.
Interested in trying stablecoins for payroll? Check out Bitwage on their official website here and transform the way you pay your employees.
