Deel offers a payout option that lets eligible EOR and Direct Employee Payroll employees receive part of their net salary (after taxes and deductions) in stablecoins, including USDC, EURC, and USDT.
Before Starting
- This is an employer-controlled feature. Stablecoin payouts must be enabled by your employer before you can access this option. If your employer has not enabled it, you will not see the stablecoin wallet option in your Payment Settings.
- No fees for employees. There are no provider fees, transaction fees, or gas fees for receiving your salary in stablecoins.
- Contract currency matters. Only employees with USD or EUR contract currencies are eligible at this time. If your contract is in a different currency, you will not see the stablecoin payment option.
- Changes must be made before the payroll cutoff. Updating your wallet address, changing your allocation, or removing the stablecoin method is only possible before the payroll cutoff.
Stablecoin payouts are available only if:
- Your employer has enabled Stablecoin Salary Payouts
- You have an active EOR or Direct Employee Payroll contract in a supported country
- Your contract is paid in USD or EUR (GBP support is planned for a later phase)
- You have access to the Employee App
- You can set up multiple payout accounts
If you do not meet the criteria, you will not see the stablecoin payment option.
Availability
Getting paid in stablecoins is available for EOR and Direct Employee Payroll employees with a USD or EUR contract currency in selected countries. GBP support is planned for a later phase.
Please note that some countries require Proof of Address verification to create a stablecoin wallet method.
Supported stablecoins:
- USDC → pegged to the US Dollar (USD)
- EURC → pegged to the Euro (EUR)
- USDT → pegged to the US Dollar (USD). Availability is limited in some countries; not available for employees in EU countries.
[ACCORDION] Supported Countries
🇺🇸 United States → USD contract currency
European countries → EUR contract currency
🇦🇹 Austria
🇧🇪 Belgium
🇧🇬 Bulgaria
🇭🇷 Croatia
🇨🇾 Cyprus
🇨🇿 Czechia
🇩🇰 Denmark
🇪🇪 Estonia
🇫🇮 Finland
🇫🇷 France
🇩🇪 Germany
🇬🇷 Greece
🇭🇺 Hungary
🇮🇸 Iceland
🇮🇪 Ireland
🇮🇹 Italy
🇱🇻 Latvia
🇱🇹 Lithuania
🇱🇺 Luxembourg
🇲🇹 Malta
🇳🇱 Netherlands
🇳🇴 Norway
🇵🇱 Poland
🇵🇹 Portugal
🇷🇴 Romania
🇸🇰 Slovakia
🇸🇮 Slovenia
🇪🇸 Spain
🇸🇪 Sweden
🇨🇭 Switzerland
[/ACCORDION]
Setting up a Stablecoin Wallet
If you meet the eligibility criteria, you can add a stablecoin wallet by following these steps:
- Go to Finance → Payment Settings
- Select the contract you want to update
- Click Add account, then select Stablecoin wallet
- Add your wallet details (stablecoin, blockchain network, and wallet address)
- Review and save
Complete Verification (and Proof of Address if required)
To create virtual fiat accounts used for crypto on-ramping, employees must accept the provider's Terms & Conditions. This acceptance allows Deel to share required verification information with them, including Proof of Address where required for certain countries.
On the Your details screen, review and verify your information. These fields are pre-populated from your Deel profile - update any that are incorrect:
- First name, Last name, Date of birth
- Nationality, Tax ID, Tax residence country
- Contract country, Contract currency, Email
- Address - use your Profile Address if it matches your bank-registered address, or enter a different address manually
Verification and Setting Your Salary Distribution
After submitting your details, the payment method enters a Verifying state. The method is not yet active - Deel's provider will review your submitted wallet details and personal information automatically. No action is required from you at this stage. You can monitor the status in Payment Settings, where the method will show as Verifying until the review is complete.
Once approved, you will receive a confirmation email prompting you to log back into Deel to set your salary split.
The wallet is not active until the salary split is set. Receiving the confirmation email does not automatically enrol you in stablecoin payouts. You must log in and define your preferred split before the payroll cutoff. Until the split is saved, your salary continues to be paid in full via your existing method.
Employees can choose a stablecoin salary payout allocation between 10%-25% of their net salary.
- Allocation must be saved before the payroll cutoff for the current pay cycle
- If the allocation is not set in time, the system defaults to 100% fiat payout for that cycle
- Allocation changes are locked after the cutoff and can only be applied to the next cycle
Wallet Address
You must provide your own personal crypto wallet address. The wallet must belong to you - do not send your salary to someone else's wallet.
Examples of wallets you may use include MetaMask, Phantom, Revolut, MoonPay, or other compatible crypto wallets.
Opting Out
Employees can opt in or out of stablecoin salary payouts before the payroll cutoff. To opt out:
- Go to Finance → Payment Settings
- Select the stablecoin wallet you want to remove
- Either remove the wallet entirely, or set the allocation to 0%
Opt-out actions only affect payments that have not yet been initiated. If payments have already been created or initiated, they are executed as originally configured, even if the stablecoin method is later removed.
Frequently Asked Questions
[ACCORDION] Does this change how payroll works?
No. Payroll runs exactly the same. Taxes and deductions are calculated first, and only net salary can be paid in stablecoins.
[ACCORDION] Is this feature mandatory for employees?
No. Employees can opt in or out at any time before the payroll cutoff. If you do nothing, you continue receiving your full salary using your existing payout method.
[ACCORDION] Who decides whether the feature is available?
Your employer controls availability. If they enable stablecoin salary payouts, eligible employees will see Stablecoin wallet as a payout option in their Payment Settings.
[ACCORDION] Which stablecoins are supported?
Currently supported stablecoins are USDC, EURC, and USDT. USDT availability is limited and not available for employees in EU countries.
[ACCORDION] Do providers charge fees for using stablecoins?
No, there are no fees for employees to receive their salary in stablecoins.
[ACCORDION] Do employers need to fund payroll in stablecoins?
No. Employers continue funding payroll in fiat currency as usual.
[ACCORDION] Can I choose how much of my salary I receive in stablecoins?
Yes. You can select between 10% and 25% of your net salary to be paid in stablecoins.
[ACCORDION] Does this affect my taxes?
No. Taxes are calculated and deducted before any stablecoin payout is processed.
[ACCORDION] Do I need to verify my identity or address?
In some countries, additional verification may be required, including providing a proof of address document.
[ACCORDION] What happens if I enter my wallet address incorrectly?
Stablecoin transactions are generally irreversible. You must ensure the wallet address is correct and belongs to you before activating the payout method.
[ACCORDION] Can an employee have both a bank account and a stablecoin wallet active?
Yes. The stablecoin portion (10%–25% of net salary) goes to the wallet; the remainder continues via the existing payout method.
[ACCORDION] What is the Verifying state for the payment method?
After an employee submits their wallet details, the method enters a Verifying state while Deel's provider reviews the information. Once approved, the employee receives a confirmation email.
[ACCORDION] How long does verification take?
Verification timing depends on the provider's review process. The employee will be notified by email once complete. There is no manual action needed from Deep Ops during this step.
[ACCORDION] What does the employee need to do after receiving the approval email?
The employee must log in to Deel, go to Payment Settings, and define their salary split (10%–25% of net salary). The stablecoin payout will not begin until this step is completed and the next payroll cycle runs.