MoonPay targets 40,000 companies with new crypto payroll project
MoonPay, a fintech company providing infrastructure for buying, selling, and exchanging cryptocurrencies using fiat money, plans to reach 40,000 companies across the EU and the UK with its new payroll initiative.
MoonPay announced a partnership with payroll and human resources platform Deel, which will enable companies to pay employee salaries in stablecoins using Iron, a platform specializing in fiat infrastructure.
“Deel will use the Iron platform for stablecoin payroll, enabling fast and seamless global payouts at scale,” said Iron founder and CEO Max von Wallenberg.
A payroll project in the making since 2021
Wallenberg added that Deel processed $22 billion in global payroll payments in 2025 and is now “making a bold bet on crypto infrastructure.”
The service will initially launch in the UK and the EU, though MoonPay has hinted at plans to expand the offering to the United States as well.
Deel’s connection to crypto dates back to at least 2021, when the platform announced that workers could be paid in USDC or Solana. That same year, Deel raised $425 million in a Series D funding round.
As we wrote, NYSE parent ICE eyes MoonPay funding at $5B valuation
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