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Sébastien Estines
Co-founder Lyzi
Lyzi will be present at EthCC from 30 March to 2 April 2026
Cryptocurrency payments are becoming popular in our daily lives. As more businesses and sellers start accepting cryptocurrencies as a form of payment globally, and as cryptocurrencies become the dominant form of giving, it's clear that they have come to the fore.
It is therefore not surprising that some companies offer their employees salaries in cryptocurrencies, even if it is only a small portion of the salaries. Today, we're going to dive deeper into what crypto salaries are and why, in most cases, they're much more appealing than fiat salaries for employees.
There are many reasons why cryptocurrencies are attracting the interest of a wide audience, and they have several advantages over traditional fiat currencies.
As a lot of people have turned to remote working, some are working with customers around the world. There is a problem with FIAT currencies, where exchange rates can cut into the earnings of these workers. As such, Cryptocurrencies comparatively have much cheaper fees compared to traditional payment systems, which can easily be converted to USD later if the employee wishes.
When you make payments globally, they need to be processed by one intermediary, sent to another intermediary, such as a bank or payment processor, and then delivered to the other person. Transactions in cryptocurrencies on the Bitcoin blockchain, for example, usually take around 10 minutes and also work on weekends. In other words, the blockchain is active 24 hours a day, 7 days a week, and 365 days a year. That said, today there are cryptocurrencies that are even faster than Bitcoin, which makes it possible to facilitate payments even more quickly.
Another key reason why cryptocurrencies are the preferred option over fiat currencies is the level of transparency they offer. Blockchain essentially allows for an unchangeable and transparent record of salary payments that have taken place, which protects both parties in the event of a dispute.. If an employee decides to keep their BTC tokens, they could also see the value of their salary increase over time, especially if the token they received as a payment method increases.
This is a somewhat mixed reason why cryptocurrencies can be either better or worse in some cases. The volatility of any cryptocurrency, including Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH), for example, means that these assets can dramatically increase or decrease in value depending on market conditions.
So, let's say an employee receives a monthly salary of $2,000 in BTC on Monday. He wakes up on Tuesday and may discover that those same BTC tokens are now worth $1,000 or, more optimistically, $3,000. That's why Many businesses generally offer a portion of an employee's salary in the form of cryptocurrency, a percentage they would feel more comfortable putting at risk because cryptocurrencies involve risks.
Many businesses have adopted the principle of paying their employees using cryptocurrencies.
This company adopted bitcoin early on when in 2014, it started accepting cryptocurrency as a form of payment for games, apps, and other digital content. It also pays in cryptocurrencies.
PayPal also introduced Bitcoin payments as a way to attract new businesses to its platform, and the fact that Bitcoin's transaction fees were lower ended up giving PayPal the edge they needed, and they succeeded in doing so.
Overstock is also an early adopter of Bitcoin, and they are currently partnering with Coinbase to accept BTC payments on their site. In addition, this retailer has also launched a blockchain-focused investment firm known as Medici Ventures.
It is an online travel company that accepts and pays for a number of cryptocurrency payments. To facilitate this process, it partnered with Binance Pay and Crypto.com Pay so that all of its customers could benefit from these exchanges.
It is the first mobile operator to accept and use cryptocurrency payments, which it announced in 2019. However, to facilitate this, they use BitPay, which is a third-party payment processor.
Each of these businesses pays in crypto and allows their customers to pay in crypto for their services as well.
Thanks to this analysis of salaries in cryptocurrencies vs fiat, we were able to review all the advantages of paying in cryptocurrencies. If you want to accept payment in cryptocurrencies at your points of sale, this is happening below!
