EU employees will get their salaries in stablecoin
The workchain.io platform will allow the payroll based on blockchain technology to be paid by said means
Employees of the European Union (EU) may collect their salaries in the future through the workchain.io platform, which allows payroll through the EURS stablecoin.
The executive director of the payment platform, Ryan Fyfe, assured that “anyone who receives a payment in euros can now choose to receive their paycheck in the cryptocurrency and, being a stablecoin, protects workers and employers from volatility. With the volatility of the cryptocurrency market in recent days, the need for stablecoins has become even more evident. “
EURS is not the first stablecoin that has worked with workchain.io, although it is the first to be backed by the euro. The company also works with TrustToken 1:1 bond with the dollar,
The stablecoin backed in euros was created in 2018 by the company Stasis. The creators have the goal of converting their digital currency into the most important in the market.
Workchain.io is a company that works with blockchain technology, which allows instantaneous payments to employees through cryptocurrencies.
K. Tovar
Source: Coincrispy
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