Stablecoin Rails for Cross-Border Payroll
Paying contractors in fourteen countries, and the compliance work underneath.
By Ravi Iyer
The transfer is trivial. Withholding, local employment law, and the off-ramp at the other end are not.
The last mile is still a bank
Almost every deployment ends at a local institution converting to local currency. The on-chain leg removed the correspondent chain, not the regulated endpoints.