Crypto
Stablecoin salaries may leave workers to pay conversion and withdrawal fees
Workers paid in stablecoins may have to bear additional costs to convert, withdraw or transfer their wages before they can use the money for living expenses, a report said. While stablecoin payroll can lower cross-border remittance costs, fees and exchange rates could reduce take-home pay. Employers\' legal duties on wages, taxes and reporting remain. Exchange-rate swings, redemption limits and potential account restrictions can also affect access to funds.