Best crypto payroll providers in 2026
Crypto payroll means paying employees or contractors some or all of their pay in stablecoins such as USDC and USDT, or in other crypto. The providers below differ most on three things: whether they offer an employer-of-record service so you can hire where you have no company, which workers can actually receive crypto, and whether they also run token grants and vesting.
The short answer
Our pick is Toku for crypto companies that need to employ people in other countries, pay employees and contractors in USDC or USDT alongside local currency, and run token grants and vesting in the same place. Stablecoin payroll is included in every Toku pricing tier.
Deel suits companies already on Deel that want to let employees in the US and much of Europe take part of their net pay in stablecoins. Rise suits teams mainly in the US, UK and Canada, or contractors who want a wide choice of crypto. Franklin fits US-only teams, and Bitwage or BitPay Send add crypto payouts on top of the payroll you already run.
On this page:
- Comparison table
- Provider reviews
- How to choose
- Can you pay salaries in crypto?
- How it works by country
- FAQ
- Cite this page
- Methodology and disclosure
Crypto payroll providers compared
Prices are the providers' published list prices on the date checked, per worker per month unless shown otherwise. "Not stated" means we could not find it on the provider's own site. Scroll sideways on a phone.
| Provider | Best for | Crypto and stablecoins | Employees (EOR / payroll) | Contractors | Token compensation | Countries | Pricing |
|---|---|---|---|---|---|---|---|
| TokuOur pick | Crypto and Web3 companies that employ people abroad, pay in stablecoins and run token grants | USDC, USDT; fiat, stablecoin and token payouts by worker, country or entity | Yes: EOR and global payroll, 100+ countries | Yes: contractor management and agent of record | Yes: grants, vesting, withholding, distribution, reporting | 100+ | EOR $599; contractors $19; stablecoin payroll included |
| Deel | Companies already on Deel that want to offer employees part of their pay in stablecoins | Stablecoin share of net salary (US and the Eurozone at launch (25 countries, per Deel)); DLUSD balance and crypto withdrawals for contractors | Yes: EOR in 130+ countries | Yes, 200+ countries | Partly: tax and payroll reporting for token grants | 150+ | EOR $599; contractors $49; stablecoin payouts +$10 per participating employee |
| Rise | US, UK and Canada teams, and global contractors who want many crypto options | USDC, USDT, plus 60+ (homepage) or 100+ (pricing page) cryptocurrencies | Partly: owned EOR entities in the US, UK and Canada | Yes, 190+ countries | Not stated | 190+ (contractors) | EOR $399; contractors $49; AOR $299 |
| Franklin | US startups running W-2 payroll with part of pay in stablecoins or crypto | USD, stablecoins and crypto in one payment; Ethereum, Optimism, Base and more | US W-2 payroll only; no EOR | Yes: US and global | Partly: grant and token distributions | US payroll; global contractors | Starter $50/month (3 or fewer people); Premium $75 + $12 per person |
| Remote | Companies on Remote paying contractors in USDC | USDC for contractors (Base, Aptos, Polygon); US employees via a Coinbase split | Yes: EOR in 90+ countries | Yes, 190+ countries | Not stated | 90+ (EOR), 190+ (contractors) | EOR $599 (annual contract); contractors $29 |
| Request Finance | Crypto-native teams paying salaries, bonuses and token vestings from a stablecoin treasury | USDC, USDT, DAI and more across 26 networks | Payments only: no EOR; employer enters tax deductions | Yes, through invoices | Partly: pays token vestings | 190+ (bank payouts) | From $50/month with payroll; no fee on stablecoin payouts |
| Bitwage | Adding crypto payouts on top of the payroll provider you already use | USDC, USDT, DAI, cUSD, BTC, ETH | Payout layer only: no EOR, no tax withholding | Yes | Not stated | Nearly 200 (payouts) | $0 plan with funding and FX fees; Premium from $15.99 |
| BitPay Send | Adding payouts in many cryptocurrencies on top of your existing payroll | BTC, ETH, USDC, DAI, USDP, GUSD, EUROC and more (USDT not listed) | Payout layer only: no EOR or payroll tax | Yes | Not stated | 225+ (payouts) | 1% per transaction |
| Multiplier | Companies using Multiplier's EOR that also pay some contractors in crypto | BTC, ETH, USDC, USDT for contractors (via Triple-A) | Yes: EOR, but no crypto for EOR employees | Yes | Not stated | 150+ | EOR from $459 (billed annually); contractors $40; 3.5% crypto fee |
The providers, one by one
1. TokuOur pick
Best for: Crypto and Web3 companies that employ people abroad, pay in stablecoins and run token grants
Toku is an employer of record and global payroll provider in 100+ countries that pays teams in local currency or stablecoins. Employees and contractors can be paid fully or partly in stablecoins including USDC and USDT, with the rest in local currency, and Toku also administers token grants from setup through vesting, withholding, distribution and reporting.
- Crypto and stablecoins
- USDC and USDT. Pay can be fully or partly in stablecoins with the rest in local currency, set by worker, country or entity.
- Who can receive crypto
- Employees (EOR and payroll) and contractors
- Employer of record
- Yes, 100+ countries. Hire where you have no local entity, and you stay the day-to-day manager.
- Contractors
- Contractor management ($19 per contractor per month) and agent of record ($149) for contributor, creator and validator programs
- Token compensation
- Token grant administration for RTAs, TPAs, RTUs, token options, TARs, warrants and phantom grants, $1,200 per month for up to 49 stakeholders. Toku says it administers token grants for 100+ clients, including Polygon, NEAR, Protocol Labs, Parity, EigenLayer and Matter Labs.
- Works with your payroll
- Full payroll, or a stablecoin API on top of ADP, Workday, UKG or Gusto
- Published pricing
- EOR $599 per employee per month (service fee only); contractors $19; agent of record $149; US PEO $89. Stablecoin payroll is included in every tier.
Strengths
- The only provider here whose own pages describe an employer-of-record service, stablecoin pay for employees and contractors, and token grant administration covering vesting, withholding and distribution
- Stablecoin payroll is included in every pricing tier; Toku says to confirm conversion, network and withdrawal charges in your agreement
- Can fund payroll from a stablecoin treasury and pay out supported USDC or USDT
Watch out for
- Product pages name only USDC and USDT, not Bitcoin or ETH
- The payout setup is confirmed per country and hire, so talk to Toku about how it works in your countries
- Onboarding typically takes 1 to 1.5 months, depending on services and countries
- EOR list price ($599) is higher than Rise's ($399)
Sources (checked November 8, 2026): Toku about · Toku EOR · Toku pricing · Stablecoin payroll · Contractor management · Token grant administration
2. Deel
Best for: Companies already on Deel that want to offer employees part of their pay in stablecoins
Deel is a global HR and payroll platform for hiring employees and contractors in 150+ countries. Employers can let EOR and payroll employees in the US and the Eurozone (at launch; 25 countries, per Deel) take a portion of their net salary in stablecoins, and contractors in 80+ countries can hold earnings in Deel's DLUSD stablecoin balance.
- Crypto and stablecoins
- Employees can take a portion of net salary in a dollar- or euro-backed stablecoin; conversion and on-chain settlement are handled by licensed third-party providers. Contractors can hold DLUSD, Deel's USD-denominated digital balance built with Stripe and Bridge.
- Who can receive crypto
- EOR and payroll employees in the US and the Eurozone at launch (25 countries, per Deel), with more markets planned; contractors
- Employer of record
- Yes, own entities in 130+ countries
- Contractors
- Contractor payments in 200+ countries and contractor of record
- Token compensation
- Tracks, taxes and reports token grants in 90+ countries; Deel says it never holds the securities. Vesting administration isn't stated.
- Published pricing
- EOR $599 per employee per month; contractors $49; contractor of record $325; stablecoin salary payouts $10 per participating employee per month
Strengths
- Very wide employer-of-record coverage
- Employers can fund payroll from a stablecoin treasury
- Stablecoin option sits inside a platform many companies already use
Watch out for
- Employee stablecoin pay covers only a portion of net salary, and at launch only in the US and the Eurozone
- Adds $10 per participating employee per month
- Stablecoin functions run through third-party partners
- Token grant support covers tax and payroll, not holding or distributing tokens
Sources (checked November 8, 2026): Deel stablecoin salary payouts · Deel stablecoin wallet · Deel pricing · Deel EOR · Deel equity and tokens
3. Rise
Best for: US, UK and Canada teams, and global contractors who want many crypto options
Rise is a global payroll and contractor payments platform that pays in local currency or crypto. It pays USDC and USDT payroll, lets workers split pay between local currency, stablecoins and many other cryptocurrencies, and runs US payroll in all 50 states.
- Crypto and stablecoins
- USDC and USDT payroll; split pay across local currency, stablecoins and 60+ cryptocurrencies (its pricing page says 100+). Withdrawals on networks including Arbitrum, Avalanche, Base, Ethereum, Optimism and Polygon.
- Who can receive crypto
- EOR employees and contractors
- Employer of record
- The EOR page says 90+ countries, but Rise's EOR pricing page lists owned entities live today in the US, UK and Canada, with expansion planned
- Contractors
- Global contractor pay ($49) and agent of record ($299), 190+ countries
- Token compensation
- Not stated
- Licensing
- Registered as a Money Service Business in the US; state money transmitter licenses listed in its help center
- Published pricing
- EOR $399 per employee per month; contractors $49; agent of record $299; no separate stablecoin fee
Strengths
- Lowest EOR list price of the providers compared ($399)
- Says workers can choose from 60+ cryptocurrencies beyond USDC and USDT
- Handles W-8BEN and 1099 forms and KYC/AML checks
Watch out for
- Its EOR pricing page lists owned entities only in the US, UK and Canada so far, while its EOR page says 90+ countries
- Rise's help center lists US states where crypto transactions aren't supported, so check yours
- No token grant or vesting administration stated
- Doesn't issue 1099-equivalent tax forms for non-US residents
Sources (checked November 8, 2026): Rise homepage · Rise pricing · Rise EOR · Rise EOR pricing · Stablecoin payroll · US state availability · Licensing
4. Franklin
Best for: US startups running W-2 payroll with part of pay in stablecoins or crypto
Franklin is a platform for hybrid fiat and crypto financial management. It runs US payroll with a mix of US dollars and crypto, automates tax withholding and filings, pays US and global contractors, and processes grant and token distributions on-chain or by direct deposit.
- Crypto and stablecoins
- Payments in US dollars, stablecoins and cryptocurrencies within one transaction, on Ethereum, Optimism, Base and more. Payroll, including taxes, can be funded in stablecoins.
- Who can receive crypto
- US W-2 employees and contractors; outside the US, contractors and vendors
- Employer of record
- Not offered
- Tax
- Automates withholding, filings and payments, and prepares W-2s and 1099s in the US
- Token compensation
- Grant and token distributions on-chain or by direct deposit ($15 per person paid per month). Vesting administration isn't stated.
- Published pricing
- Starter $50 per month for teams of 3 or fewer; Premium $75 per month plus $12 per employee or contractor paid; contractors only $15 per contractor
Strengths
- Full US payroll tax handling with crypto in the same run
- Non-custodial treasury: Franklin says it can't move your funds
- Low published prices for small teams
Watch out for
- Employee payroll is US only, with no employer of record abroad
- Specific tokens aren't named on its main pages
- Token distributions only, no vesting administration stated
Sources (checked November 8, 2026): Franklin pricing · Crypto payroll · Multichain payments · Grant and token distribution · FAQ
5. Remote
Best for: Companies on Remote paying contractors in USDC
Remote is a global payroll, employment and contractor platform. Contractors of companies billed in US dollars can receive USDC through Stripe, and US-based employees can send part of their US-dollar net pay to their own Coinbase account, where Coinbase converts it to crypto.
- Crypto and stablecoins
- Contractors: USDC through Stripe Connect on Base, Aptos or Polygon, while the employer is billed in US dollars. Employees: a share of US-dollar net pay goes to the employee's Coinbase account, which converts it.
- Who can receive crypto
- Contractors of USD-billed companies in supported countries; full-time EOR employees based in the US
- Employer of record
- Yes, 90+ countries
- Contractors
- Contractor management in 190+ countries, plus contractor of record
- Token compensation
- Not stated
- Licensing
- Says it is a regulated payments institution in Canada, the UK and the EEA
- Published pricing
- EOR $599 per employee per month (annual contract); global payroll $29; contractor management $29, Plus $99, contractor of record $325
Strengths
- Large employer-of-record network with published prices
- Low contractor management price ($29)
- Regulated payment infrastructure in the EU, UK and Canada
Watch out for
- Stablecoin payouts are for contractors only, in USDC only, and need a company billed in US dollars
- Employees can get crypto only through a Coinbase transfer, and only if they're in the US
- No token grant administration stated
Sources (checked November 8, 2026): Remote pricing · Contractor stablecoin payouts · Coinbase salary split · Remote homepage
6. Request Finance
Best for: Crypto-native teams paying salaries, bonuses and token vestings from a stablecoin treasury
Request Finance is a business account for stablecoin and fiat payments, with invoicing, bills and payroll. Its payroll pays salaries, bonuses and token vestings in crypto or, through its crypto-to-fiat service, to bank accounts in 190+ countries.
- Crypto and stablecoins
- USDC, USDT and DAI on networks including Ethereum, Base, Arbitrum, Optimism, Polygon, Solana and Tron. A salary can be set in USD and paid in USDC, or paid from crypto to a bank account in local currency.
- Who can receive crypto
- Employees and contractors
- Employer of record
- Not offered. Deductions such as taxes are entered by the employer.
- Token compensation
- Pays token vestings; grant and vesting schedule administration isn't stated
- Published pricing
- Starter $50 per month (includes payroll), Growth $300, Pro $600. No processing fee on stablecoin payouts; bank payouts 1% on Starter or 0.5% on Growth and up, plus $10 per local or $30 per SWIFT transfer.
Strengths
- No fee on stablecoin payouts at any volume
- Publishes a list of 26 supported networks
- Invoicing, bills and payroll in one account
Watch out for
- Not an employer of record, and taxes are entered by the employer rather than calculated
- Payroll isn't on the free plan
- Business verification (KYB) is required before going live
Sources (checked November 8, 2026): Request Finance · Pricing · How to run payroll · Supported networks
7. Bitwage
Best for: Adding crypto payouts on top of the payroll provider you already use
Bitwage pays employees and contractors internationally in local currency, stablecoins or crypto. For W-2 employees it works next to your existing payroll provider, which keeps handling tax withholding, while Bitwage converts and sends the crypto portion. Bitwage was founded in 2014 and was acquired by Paystand Group in November 2025.
- Crypto and stablecoins
- USDC, USDT, DAI and cUSD; BTC and ETH. Networks include Ethereum, Stellar, Tron and Polygon. Recipients choose any mix of local currency, stablecoins and crypto (limits by plan).
- Who can receive crypto
- Employees and contractors
- Employer of record
- Not offered on its site. Bitwage doesn't do tax deductions; your payroll provider keeps doing withholding.
- Contractors
- Invoice and payroll-style payments, without tax withholding
- Token compensation
- Not stated
- Published pricing
- Non-premium plan $0 per month, with 1% on local currency deposits and 2% on stablecoin deposits; Premium $15.99 per month for up to 2 workers plus $7.99 per extra worker; payout fees vary by asset and network
Strengths
- Free plan with no monthly fee
- Pays in BTC and ETH as well as four stablecoins
- Plugs into ADP, Gusto and TriNet rather than replacing them
Watch out for
- Not an employer of record or payroll engine, so you still need one for employees
- USDC isn't available to US users
- Percentage-based fees can cost more than flat per-worker pricing at higher salaries
- DAI and USDT payouts can slip away from exactly $1
Sources (checked November 8, 2026): Bitwage homepage · Bitwage business pricing · Fees · Employees vs contractors · Paystand acquisition
8. BitPay Send
Best for: Adding payouts in many cryptocurrencies on top of your existing payroll
BitPay Send is BitPay's payout product for paying employees and contractors in crypto. You fund payroll in fiat, BitPay converts it, and each employee chooses how much of their pay goes to which digital asset. BitPay says it complements your payroll system rather than replacing it.
- Crypto and stablecoins
- BTC, LTC, ETH, BCH, DOGE, SHIB, APE, MATIC, DAI, USDC, WBTC, USDP, GUSD and EUROC. Payroll is funded in fiat and converted.
- Who can receive crypto
- Employees and contractors, all or part of their pay
- Employer of record
- Not offered; works with exports from Paychex, ADP, Workday, Paycor and QuickBooks
- Licensing
- Licensed for virtual currency business activity by the New York State Department of Financial Services
- Published pricing
- 1% of each BitPay Send transaction; onboarding through sales
Strengths
- Many coins beyond stablecoins, including BTC and ETH
- Holds a New York virtual currency license
- Identity checks and sanctions screening included
Watch out for
- Not a payroll system: your payroll provider still runs wages and tax
- USDT isn't on its payout list
- Payroll is funded in fiat
Sources (checked November 8, 2026): BitPay Send payroll · BitPay pricing
9. Multiplier
Best for: Companies using Multiplier's EOR that also pay some contractors in crypto
Multiplier is a platform for hiring, managing and paying global teams in 150+ countries. It pays freelancers and contractors in Bitcoin, Ethereum, USDC or USDT through its partner Triple-A, but says EOR employees can't be paid in crypto.
- Crypto and stablecoins
- Bitcoin, Ethereum, USDC and USDT through Triple-A. Employers can pay in fiat and Multiplier converts, or pay in crypto.
- Who can receive crypto
- Freelancers and contractors only. Multiplier says EOR payment in crypto isn't supported.
- Employer of record
- Yes, 150+ countries
- Token compensation
- Not stated
- Published pricing
- EOR $459 (Core) or $519 (Growth) per person per month, billed annually; contractors $40; contractor of record $400; global payroll $20. A 3.5% fee applies to amounts paid in crypto.
Strengths
- Large EOR network with published prices below $599
- Contractors can choose BTC and ETH as well as stablecoins
Watch out for
- No crypto for EOR employees
- 3.5% fee on crypto payments
- Its FAQ says crypto is offered on request, so confirm it's available for you
Sources (checked November 8, 2026): Multiplier pricing · Crypto via Triple-A · Crypto for freelancers
How to choose a crypto payroll provider
1. Do you need to employ people, or only pay contractors?
To hire full-time employees in a country where you have no company, you need an employer-of-record (EOR) service, which handles local employment contracts, payroll and compliance for you. Contractor payout tools are cheaper but don't employ anyone. Check how many countries a provider's EOR is actually live in, not only how many it can pay into. Our best crypto EOR providers comparison ranks them by stablecoin pay for employees.
2. Who can actually receive crypto?
Some providers pay stablecoins only to contractors, some let employees take only a share of net salary, and some limit it to certain countries or US states. Ask for the list of countries where employees can receive stablecoins today.
3. Which assets and networks?
Most crypto payroll today is USDC and USDT. If your team wants BTC, ETH or a specific chain, check the provider's asset and network list and who pays the network fees.
4. Who handles tax and records?
Crypto paid as wages is still wages. The provider, or your payroll provider, needs to value it, withhold tax and report it. For contractors, check which tax forms are collected and issued, and see how to pay contractors in crypto step by step.
5. Do you also grant tokens?
If you compensate with tokens, grant setup, vesting, withholding at vest and distribution are separate work from payroll. Running both in one place avoids reconciling two systems. We compare the best token grant administration platforms separately.
6. What does it really cost?
Compare per-worker fees with percentage fees on deposits, conversions and payouts. A flat fee is usually cheaper for salaried staff, while percentage pricing can suit a few small payments.
Can you pay employee salaries in crypto?
Yes. With the right structure you can pay employees and contractors in stablecoins, and Toku sets it up country by country as part of its payroll and payouts in 100+ countries. The salary is set and valued in local currency, tax withholding and social contributions are calculated and paid in local currency, and the employee or contractor opts in to receive their net pay, or a share of it, in a stablecoin such as USDC. The employment contract, payslip and filings stay in the currency the law expects.
Crypto and stablecoins aren't money. In the US, the IRS treats digital assets as property, not currency, for tax purposes (IRS, Digital assets). In the UK, HMRC "does not consider cryptoassets to be currency or money" (HMRC CRYPTO10100), and the Property (Digital Assets etc) Act 2025 confirms that digital things can be personal property in England and Wales and Northern Ireland. So the salary is set in money, and the stablecoin is the form in which the employee chooses to receive it.
Local rules shape how it's set up. The ILO Protection of Wages Convention, in the countries that ratified it, says wages payable in money "shall be paid only in legal tender" (ILO C095, Article 3), which is one reason Toku keeps the salary in local currency on paper and checks, country by country, how central bank, foreign exchange and reporting rules shape the stablecoin payout. Contractors invoice in local currency or US dollars and are paid in USDC or USDT to their wallet, with the local tax and reporting steps.
In the US, the IRS says the medium of pay is generally immaterial for employment tax purposes, so the fair market value of virtual currency paid as wages is subject to income tax withholding, FICA and FUTA and goes on the W-2 (IRS Notice 2014-21, A-11). State wage-payment rules apply separately and are confirmed state by state, and the USDC payout is the employee's choice.
This is the work an employer-of-record or full payroll service takes on: setting the local-currency salary, converting at payout, withholding and remitting in local currency, and keeping the records. A payout tool only sends the crypto, so the rest stays with you. Our guide to what a crypto employer of record is explains how that works. Toku's pricing page, for example, lets employers configure fiat, stablecoin and token payouts by worker, country or entity (Toku pricing).
How it works country by country
Yes, you can pay your team in stablecoins with Toku. Here's how it works where this page cites local rules, and how to get the details for anywhere else.
How it works in the US
Yes, you can pay your team in the US in stablecoins with Toku. Employees' salaries are set in US dollars and run through payroll as usual, with federal income tax withholding, FICA and FUTA paid in dollars, and each employee opts in to receive their net pay, or part of it, in USDC. Contractors invoice in US dollars or USDC and are paid in USDC or USDT after you collect a Form W-9. The IRS says the fair market value of virtual currency paid as wages is subject to withholding and reported on Form W-2 (IRS Notice 2014-21, A-11).
How the US treats crypto and stablecoins
The IRS says: "For U.S. tax purposes, digital assets are considered property, not currency." It lists stablecoins among them (IRS, Digital assets, page last reviewed or updated September 2, 2026). It has treated virtual currency as property since Notice 2014-21 in 2014, so paying someone in USDC is paying them in property worth its US-dollar value on the day.
Payment stablecoins also have their own federal statute. The GENIUS Act (Public Law 119-27, signed July 18, 2025) defines a payment stablecoin as a digital asset "that is, or is designed to be, used as a means of payment or settlement", whose issuer must redeem it for a fixed amount of monetary value and represents that it will keep a stable value. Its section 17 amends federal securities and commodities law so that a payment stablecoin issued by a permitted issuer is not a security or a commodity, and under section 20 the Act takes effect 18 months after enactment or 120 days after final regulations, whichever comes first.
Toku's US stablecoin payroll compliance guide covers the federal and state rules in more depth.
Toku handles the stablecoin payout, compliance and reporting (Toku, Stablecoin payroll). It describes itself as a "pioneering token payroll provider": founded in 2020, it started with token payroll in its first year and says it was built stablecoin-first rather than adding crypto payouts on top of fiat rails (Toku, About). Talk to us to learn how it works for your team.
Any other country
Toku supports compliant payroll and payouts in 100+ countries, and wherever it offers stablecoin pay the structure is the same: the salary is set and taxes are withheld in local currency, and the employee opts in to receive their net pay, or part of it, in USDC or USDT. Contractors invoice in local currency or US dollars and are paid in USDC or USDT to their wallet, with the local tax and reporting steps. Central bank, foreign exchange and reporting rules differ, so Toku confirms how it works for each country and worker. Talk to us about where your team is.
Toku publishes country guides too, such as whether you can pay in crypto and stablecoins in India, and a list of which countries let you pay entirely in crypto and stablecoins.
Toku handles the stablecoin payout, compliance and reporting (Toku, Stablecoin payroll). It describes itself as a "pioneering token payroll provider": founded in 2020, it started with token payroll in its first year and says it was built stablecoin-first rather than adding crypto payouts on top of fiat rails (Toku, About). Talk to us to learn how it works for your team.
Frequently asked questions
What is crypto payroll?
Crypto payroll is paying employees or contractors some or all of their pay in cryptocurrency, most often stablecoins such as USDC and USDT that track the US dollar. Providers handle the conversion, payout, tax and records. For DAOs, foundations and labs companies, see the best Web3 payroll software.
What is the best crypto payroll provider?
For companies that need to employ people abroad and pay them in stablecoins, our pick is Toku: it combines an employer of record in 100+ countries, USDC and USDT pay for employees and contractors, and token grant administration. Deel lets employees in the US and the Eurozone take part of their pay in stablecoins; Rise has the lowest EOR list price, with owned EOR entities in three countries so far; Franklin suits US-only payroll; Bitwage and BitPay Send add crypto payouts to your existing payroll. Toku publishes this page.
Is it legal to pay employees in crypto?
Yes, when it's structured correctly: the salary is valued in local currency, withholding and contributions are calculated and paid in local currency, and the employee opts in to receive their net pay, or part of it, in a stablecoin such as USDC. Local wage-payment, central bank and reporting rules shape how that's set up in each country, so Toku configures it country by country. In the US, crypto paid as wages is subject to the usual withholding and is reported on the W-2 (IRS Notice 2014-21, A-11). Talk to Toku about how it works in your countries.
Can contractors be paid in USDC or USDT?
Yes. All nine providers here describe paying contractors in crypto or stablecoins, but assets and eligibility differ: Remote currently pays USDC only, BitPay Send doesn't list USDT, Deel contractors hold its DLUSD balance, Bitwage's USDC isn't available to US users, and Multiplier offers crypto on request. Toku pays contractors in USDC or USDT and collects agreements and tax details in the same workflow.
Which crypto payroll providers also offer an employer of record?
Toku (100+ countries), Deel (130+), Multiplier (150+), Remote (90+) and Rise (owned entities in the US, UK and Canada; its EOR page says 90+) offer an employer-of-record service, but they differ on crypto for employees: Multiplier pays crypto to contractors only, Remote offers employees only a US Coinbase split, and Deel a share of net pay in the US and the Eurozone. Franklin, Request Finance, Bitwage and BitPay Send don't offer an EOR.
Can I manage token grants and vesting with my payroll provider?
Toku administers token grants end to end, including vesting, withholding, distribution and reporting. Deel handles tax and payroll reporting for token grants but doesn't hold or distribute tokens. Franklin processes grant and token distributions, and Request Finance pays token vestings, but neither states vesting administration. The others don't state a token grant service.
How much does crypto payroll cost?
On published list prices, EOR runs from $399 (Rise) and $459 (Multiplier, billed annually) to $599 (Toku, Deel, and Remote on annual contracts) per employee per month. Basic contractor plans run from $15 (Franklin) and $19 (Toku) to $49 (Rise, Deel), with higher tiers such as Remote's $99 Plus plan. Deel adds $10 per participating employee for stablecoin payouts and Multiplier charges 3.5% on crypto payments, while Toku and Rise don't list a separate stablecoin fee (Toku says to confirm conversion, network and withdrawal charges in your agreement). Payout tools charge by volume instead: BitPay Send 1%, and Bitwage has a $0 plan funded by deposit and payout fees.
Cite this page
BestCryptoPayroll (Toku). "Best crypto payroll providers in 2026." Updated November 8, 2026. https://bestcryptopayroll.com/