I have lately been noticing that quite a few companies have started adding the option of crypto as a method of salary payment. It’s either full or part of the salary but the fact that employees have the option to choose bitcoin and not fiat is transformational.
Companies and employees are finally realizing the power of bitcoin and recognizing it as a type of currency. Not to mention the many benefits it holds:
* Real-time payments
* Reduced/Low transaction fees compared to traditional banks, especially for cross-border payments
* Quicker transactions
Several top payroll software have started adding crypto options for their customers and also take care of the legal and tax implications involved. This truly opens up companies to a global workforce.
With time this adoption is only expected to increase with more companies joining in and adding crypto as a payment option for their employees.
Source: [Blockonomics – How to pay Salary in Crypto](https://blog.blockonomics.co/how-to-pay-salary-in-crypto-payroll-in-2021-af3a43783fdb)