There has been an increase in employee crypto payments for the first half of this year despite the market crash, according to Deel.
Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel. In its “State of Global Hiring Report” shared with Cointelegraph on July 21, the firm found that despite the 2022 bear market, crypto represented 5% of all global payments withdrawn from the platform every month, up from 2% in the second half of 2021. Residents in nations with volatile economic situations and currencies were most likely to take their payments in crypto, according to the report.