Remote, the leading global HR platform and payroll provider, has announced a new feature that allows companies to pay contractors in 69 countries directly using stablecoins. Starting with USDC on Base, the L2 blockchain from Coinbase, this new payment method offers US-based customers a secure and near-instant way to compensate their global contract workforce while maintaining compliance both domestically and internationally.
- Expansion of Contractor Payment Capabilities
- Remote adds stablecoin payments to its contractor management platform.
- The feature is initially available to US-based customers, with plans to expand globally.
- Contractors can receive payments in USDC, offering flexibility and speed compared to traditional currency methods.
- Benefits of Stablecoin Payments for Contractors
- Contractors can choose USDC as a new withdrawal method, receiving payments via Base blockchain.
- The new system ensures near-instant payouts, reducing the time contractors wait for compensation.
- Provides a reliable alternative to local currencies, beneficial for international talent.
- Enhanced Automation for Global Talent Management
- Remote’s platform streamlines contractor onboarding, invoicing, and payment in minutes.
- This automation helps businesses manage their global workforce from a single, efficient dashboard.
- Stablecoin payments complement Remote’s existing features for a seamless global payment solution.
- Addressing Payment Challenges for Global Contractors
- Many businesses face the challenge of offering fast, reliable, and flexible payments to international contractors.
- Stablecoin payouts via Stripe make it easier for companies to pay contractors quickly, without compromising on compliance.
- Remote ensures simplicity and security in the payment process, alleviating common concerns businesses have when hiring international talent.
Remote’s new stablecoin payment feature represents a significant step forward in global contractor management. By integrating USDC payments via Base blockchain, the platform empowers businesses to offer faster and more flexible compensation options to their international talent. This development ensures that Remote’s clients can easily meet their contractor’s needs while maintaining the platform’s hallmark simplicity and compliance.
