The number of employees asking to be paid in crypto is increasing by ~10% every month. 

Speed, efficiency, and cost transparency are some of the most attractive benefits, especially for international employees and contractors who have to deal with frustrating SWIFT admin and fees for international bank transfers. 

VC funding in the crypto payroll has seen exponential growth. In the last year alone, 4 of the top contenders (BitPay, BitWage, Papaya Global, and Deel) have cumulatively attracted $934m, according to Crunchbase data. 

VC funding raised by BitPay, BitWage, Papaya Global, and Deel (Source: Crunchbase)