MoonPay partners with Deel to offer stablecoin payroll to 40,000 UK and EU firms

MoonPay will partner with Deel to enable stablecoin payroll for about 40,000 businesses, with initial rollout in the UK and EU. In a statement on Tuesday, February 10, MoonPay said payments will be sent directly to employee wallets via its Iron division, and reports indicated plans to expand into the US.