Best crypto employer of record (EOR) providers in 2026

Updated November 10, 2026 · Published by Toku, one of the providers compared · How we compare

An employer of record (EOR) arranges local employment for people in a country where you have no company, through its own local entity or a partner, and runs their contracts, payroll, tax and benefits there while you direct their work. A crypto employer of record also lets those employees take some or all of their net pay in stablecoins such as USDC. Many EOR providers can pay contractors in crypto. Far fewer can do it for employees, and that's where the six services below differ most.

The short answer

Our pick is Toku if you want employees in many countries to be able to opt in to stablecoin pay. Its EOR covers 100+ countries, employees and contractors can take pay fully or partly in USDC or USDT, and stablecoin payroll is included in every pricing tier. It also runs token grant administration through vesting and distribution, which none of the other EORs here describe.

Deel is the simple choice if you already use it and your employees are in the US or the Eurozone, where its stablecoin payouts launched. Rise has the lowest published EOR price of the six, with owned entities in the US, UK and Canada so far. Borderless AI lets employees send a portion of pay to a crypto wallet if you switch it on, though it doesn't list the assets or countries. Remote and Multiplier have large EOR networks, but their crypto options are mainly for contractors.

See Toku's crypto EOR

On this page:

Comparison table
How a stablecoin salary works
How it works by country
Provider reviews
Tools that aren't an EOR
Other EORs we checked
Questions to ask before you sign
FAQ
Cite this page
Methodology and disclosure

Crypto EOR providers compared

Published list prices on the date checked, per employee per month, before salary and employer costs. "Not stated" means we couldn't find it on the provider's own site. Scroll sideways on a phone.

Provider	EOR countries	Employees paid in stablecoins?	Assets	Contractors in crypto	Token grants	EOR list price
TokuOur pick	100+	Yes: fully or partly, configured by country	USDC, USDT	Yes: USDC or USDT	Yes: setup through vesting, withholding and distribution	$599, stablecoin payroll included
Deel	130+ (own entities)	Partly: a portion of net salary, US and the Eurozone at launch (25 countries, per Deel)	Dollar- or euro-backed stablecoin	Yes: DLUSD balance and crypto withdrawals	Partly: tax and payroll reporting	$599 + $10 per employee using stablecoin pay
Rise	Owned entities in the US, UK, Canada (EOR page says 90+)	Yes, Rise says EOR employees can be paid in crypto; some US states excluded	USDC, USDT, 60+ cryptocurrencies	Yes, 190+ countries	Not stated	$399
Borderless AI	170+	Partly: a portion of pay, if the employer offers it	Not stated	Not stated	Not stated	$579
Remote	90+	US employees only, via a Coinbase salary split	USDC (contractors); Coinbase converts for employees	Yes: USDC, USD-billed companies	Not stated	$599 (annual contract)
Multiplier	150+	No: not supported for EOR employees	BTC, ETH, USDC, USDT (contractors)	Yes, on request; 3.5% fee	Not stated	From $459 (billed annually)

How a compliant stablecoin salary works

A compliant crypto EOR keeps the employment in local currency and changes only the payout.

Salary in local currencyThe employment contract sets the salary in local currency, as local law expects.

Payroll in local currencyGross pay, income tax withholding and social contributions are calculated and paid to the authorities in local currency.

The employee opts inThe employee chooses to receive some or all of their net pay in a stablecoin such as USDC, set up for their country.

Conversion at payoutThe elected net amount is converted, at a rate and time the agreement should spell out, and sent to the employee's wallet on a supported network.

Local-currency recordsPayslips and filings stay in local currency, with the conversion recorded.

That structure is how you pay employees in stablecoins compliantly. Local rules shape the details: in the countries that ratified the ILO Protection of Wages Convention, wages payable in money "shall be paid only in legal tender" (ILO C095, Article 3), which is one reason the contract and payslip stay in local currency, and central bank, foreign exchange and reporting rules decide how the employee's USDC payout is set up. That's why it's configured country by country.

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.

Paying employees in stablecoins, 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. The salary is set in US dollars and runs through payroll as usual: federal income tax withholding, FICA and FUTA are calculated on the dollar value and paid in dollars, and the employee opts in to receive their net pay, or part of it, in USDC. 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). State wage-payment rules apply separately and are confirmed state by state, and the USDC payout is the employee's choice.

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.

Talk to Toku about how it works in the US

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.

Talk to Toku about how it works in your country

The crypto EOR providers, one by one

1. TokuOur pick

Best for: Companies that want employees in many countries to be able to opt in to stablecoin pay, with token grants handled in the same place

Toku runs an employer-of-record service in 100+ countries built for companies that pay in digital assets. People hired through it get local employment contracts, payroll and benefits, and can be paid fully or partly in USDC or USDT with the rest in local currency. You stay the operational manager, and the pay mix can be set by worker, country or entity.

EOR coverage: 100+ countries. Hire where you have no legal entity.
Employee stablecoin pay: Fully or partly in USDC or USDT, with the rest in local currency, set by worker, country or entity.
Funding: Fund payroll from a stablecoin treasury, approve amounts and employee elections, then settle USDC or USDT payouts.
Token grants: Grant administration from setup through vesting, withholding, distribution and reporting ($1,200 per month for up to 49 stakeholders).
Also offers: Contractor management ($19), agent of record ($149), US PEO ($89), and a stablecoin API for ADP, Workday, UKG or Gusto.
EOR price: $599 per employee per month, service fee only: salary, employer contributions and benefits are extra. Stablecoin payroll is included in every tier.

Strengths

Stablecoin pay for EOR employees, not only contractors, configured by country
No separate stablecoin fee on its pricing page (Toku says to confirm conversion, network and withdrawal charges in your agreement)
Token grant administration next to the EOR, for employees who also hold token grants

Watch out for

Its product pages name USDC and USDT only, not BTC or ETH
The 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
Its $599 EOR list price is above Rise ($399) and Multiplier (from $459, billed annually)

See Toku's crypto EOR

Sources (checked November 8, 2026): Toku EOR · Pricing · Stablecoin payroll · Token grant administration · About

2. Deel

Best for: Companies already on Deel with employees in the US or Europe who want part of their pay in stablecoins

Deel runs its EOR through its own entities in 130+ countries. With its stablecoin salary payouts, EOR and payroll employees in the US and the Eurozone (at launch; 25 countries, per Deel) can take a portion of their net salary in a dollar- or euro-backed stablecoin, and licensed third-party providers handle the conversion and on-chain settlement.

EOR coverage: Own entities in 130+ countries
Employee stablecoin pay: A portion of net salary, for EOR and payroll employees in the US and the Eurozone at launch (25 countries, per Deel), with more markets planned
Funding: Employers can fund global payroll from a stablecoin treasury (since January 2026)
Contractors: Can hold DLUSD, Deel's USD-denominated digital balance built with Stripe and Bridge
Token grants: Tracks, taxes and reports token grants in 90+ countries; vesting administration isn't stated
EOR price: $599 per employee per month; stablecoin salary payouts add $10 per participating employee per month

Strengths

Wide EOR coverage through its own entities (130+ countries)
Payroll can be funded from a stablecoin treasury
The stablecoin option sits inside a platform many companies already use

Watch out for

Employees can take only a portion of net salary in stablecoins, and at launch only in the US and the Eurozone
$10 per participating employee per month on top of the EOR fee
Conversion and settlement run through third-party partners

Sources (checked November 8, 2026): Deel stablecoin salary payouts · Deel stablecoin wallet · Deel pricing · Deel EOR · Deel equity and tokens

3. Rise

Best for: Teams hiring in the US, UK or Canada that want the lowest published EOR price here and many crypto options

Rise pays employees and contractors in local currency, USDC, USDT or other cryptocurrencies. Its EOR page says 90+ countries, but its EOR pricing page lists owned entities live in the US, UK and Canada with expansion planned, so ask how a hire in any other country would be employed.

EOR coverage: Owned entities in the US, UK and Canada, expansion planned; its EOR page says 90+ countries
Employee crypto pay: USDC and USDT payroll; workers can split pay across local currency, stablecoins and 60+ cryptocurrencies (its pricing page says 100+)
Funding: Employers fund payroll in USD, USDC or USDT
Contractors: 190+ countries ($49) and agent of record ($299)
Token grants: Not stated
EOR price: $399 per employee per month; no separate stablecoin fee

Strengths

Lowest published EOR price of the six ($399)
Workers can choose among many assets, not only stablecoins
Employers can fund payroll in USDC or USDT

Watch out for

Owned EOR entities in three countries so far
Rise's help center lists US states where crypto transactions aren't supported
No token grant administration stated

Sources (checked November 8, 2026): Rise homepage · Rise pricing · Rise EOR · Rise EOR pricing · Stablecoin payroll · US state availability · Licensing

4. Borderless AI

Best for: Companies that want employees to be able to send part of their pay to a crypto wallet, switched on per company

Borderless AI is an employer of record and global payroll platform in 170+ countries. Its Crypto-Native Payroll, launched in April 2026, lets EOR employees allocate a portion of their earnings to a crypto wallet before payroll is finalized, as a voluntary payroll deduction. The employer has to offer it, and a request can be declined, for example for minimum-wage compliance.

EOR coverage: 170+ countries
Employee crypto pay: Voluntary payroll contributions to a crypto wallet: a portion of earnings, before payroll is finalized, only if the employer offers the benefit. Requests can be declined, for example for minimum-wage compliance.
Countries for crypto: Not listed; a July 2026 help-center update added the Cayman Islands
Assets and networks: Not stated
Token grants: Not stated
EOR price: $579 per month; Borderless says pricing may vary by employment type and country

Strengths

Employee crypto pay built into EOR payroll as a voluntary deduction, with a minimum-wage check
Large stated EOR footprint (170+ countries)
Published EOR price below $599

Watch out for

Assets, networks, fees and the country list for crypto pay aren't stated
Only a portion of pay, and only if the employer turns it on
No contractor crypto option or token grant service stated

Sources (checked November 10, 2026): Crypto-Native Payroll launch · Payroll contributions · Product update, July 2026 · Pricing

5. Remote

Best for: Companies using Remote's EOR whose crypto needs are mainly for contractors

Remote runs an EOR in 90+ countries with published prices. Its stablecoin option is for contractors: USDC through Stripe on Base, Aptos or Polygon, for companies billed in US dollars. Employees can get crypto only through a Coinbase integration that sends part of a US-based employee's US-dollar net pay to their own Coinbase account.

EOR coverage: 90+ countries
Employee crypto pay: US-based full-time EOR employees only: a share of US-dollar net pay goes to their Coinbase account, which converts it
Contractors: USDC through Stripe Connect on Base, Aptos or Polygon, while the employer is billed in US dollars
Licensing: Says it is a regulated payments institution in Canada, the UK and the EEA
Token grants: Not stated
EOR price: $599 per employee per month on an annual contract

Strengths

Large EOR network with published prices
Regulated payment infrastructure in the EU, UK and Canada
USDC contractor payouts on three networks

Watch out for

No stablecoin pay for EOR employees outside the US
Contractor USDC needs a company billed in US dollars
No token grant administration stated

Sources (checked November 8, 2026): Remote pricing · Contractor stablecoin payouts · Coinbase salary split · Remote homepage

6. Multiplier

Best for: Companies that need a large EOR network and only pay contractors in crypto

Multiplier runs an EOR in 150+ countries at published prices from $459. It pays freelancers and contractors in BTC, ETH, USDC or USDT through its partner Triple-A, but says EOR employees can't be paid in crypto.

EOR coverage: 150+ countries
Employee crypto pay: Not supported for EOR employees, per Multiplier
Contractors: BTC, ETH, USDC or USDT through Triple-A; a 3.5% fee applies to amounts paid in crypto; its FAQ says crypto is offered on request
Token grants: Not stated
EOR price: $459 (Core) or $519 (Growth) per person per month, billed annually

Strengths

Large stated EOR footprint (150+ countries)
Contractors can choose BTC and ETH as well as stablecoins

Watch out for

No crypto for EOR employees
3.5% fee on crypto payments
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

Crypto payroll tools that aren't an EOR

Some well-known crypto payroll tools don't employ anyone, so for employees abroad you'd still need your own local company or an EOR.

Franklin runs US W-2 payroll with part of pay in stablecoins or crypto, but has no employer of record outside the US. Request Finance pays salaries, contractors and token vestings from a stablecoin account, and the employer enters tax deductions itself. Bitwage and BitPay Send add crypto payouts on top of the payroll provider you already use, which keeps handling tax. All nine are compared in our best crypto payroll providers guide.

Other EOR providers we checked

Pebl (formerly Velocity Global) calls its payroll crypto-ready, and some of its blog pages say it supports USDC, but its January 2026 announcement says it "processes all wages in local fiat currency", and employees convert after payday (Pebl). Rippling lists stablecoin among 15+ payout options for contractors, not EOR employees (Rippling). Playroll mentions contractor crypto wallets only in a blog post.

Papaya Global mentioned stablecoin payouts in a January 2026 press release, but its own website shows only local-currency worker wallets. We found no crypto pay option on the own websites of Oyster, G-P, Atlas, Safeguard Global or RemoFirst as of November 10, 2026, and Skuad says it doesn't process salaries or contractor invoices in cryptocurrency (Skuad). If that changes, tell us.

Questions to ask a crypto EOR before you sign

In which of my hiring countries can employees receive stablecoins today, and is it all of net pay or only a share?
Is the salary set in local currency in the contract, and are tax and social contributions paid in local currency?
How does an employee opt in, and how often can they change their election?
Which assets and networks are supported, and who pays conversion and network fees?
Can we fund payroll from a stablecoin treasury, and in which assets?
If employees hold token grants, who handles vesting, withholding at vest and reporting?
What's the total monthly cost per employee, including any stablecoin add-on?

Token grants need their own tooling, so compare the best token grant administration platforms too. Hiring for a protocol or foundation? See the best Web3 payroll software.

Frequently asked questions

What is a crypto employer of record?

A crypto employer of record is an EOR service that arranges local employment and payroll for people in countries where you have no company, and also lets them receive some or all of their net pay in stablecoins such as USDC or USDT. The salary, tax withholding and filings stay in local currency.

Which EOR providers pay employees in stablecoins?

Of the services compared here, Toku (configured by country), Deel (a portion of net salary in the US and the Eurozone at launch (25 countries, per Deel)) and Rise (whose owned EOR entities are in the US, UK and Canada) describe stablecoin pay for EOR employees, and Borderless AI lets employees send a portion of pay to a crypto wallet when the employer offers it. Remote offers US employees a Coinbase salary split, and Multiplier says EOR employees can't be paid in crypto.

Can an EOR pay employees entirely in USDC?

Toku says pay can be fully or partly in stablecoins, Rise lets workers split pay between local currency, stablecoins and other crypto, and Deel limits it to a portion of net salary. With Toku, the salary is set and tax is withheld in local currency, the employee receives their net pay in USDC or USDT, and how much of it can go out in stablecoins is confirmed for each country.

Can an EOR pay salaries in stablecoins legally?

Yes, when it's structured correctly: the salary, withholding and filings stay in local currency, and the employee opts in to receive their net pay, or part of it, in a stablecoin. Local wage-payment, central bank, foreign exchange and reporting rules shape how that's set up in each country. In countries that ratified the ILO Protection of Wages Convention, for example, wages payable in money are paid in legal tender (Article 3), so the contract and payslip stay in local currency. In the US, the IRS treats virtual currency paid as wages as wages subject to withholding and W-2 reporting (Notice 2014-21, A-11). Talk to Toku about how it works in your countries.

How much does a crypto EOR cost?

Published EOR list prices per employee per month are $399 at Rise, from $459 at Multiplier (billed annually), $579 at Borderless AI, $599 at Toku with stablecoin payroll included, $599 at Deel plus $10 per employee using stablecoin payouts, and $599 at Remote on an annual contract. Salary, employer contributions and benefits come on top.

Do I need an EOR to pay contractors in crypto?

No. Contractors aren't employees, so a contractor payment service can pay them in stablecoins without an EOR. You need an EOR, or your own local company, when you hire employees. Treating someone who works like an employee as a contractor creates tax and employment risk however they're paid. Our guide on how to pay contractors in crypto covers the steps.

Cite this page

BestCryptoEOR (Toku). "Best crypto employer of record (EOR) providers in 2026." Updated November 10, 2026. https://bestcryptoeor.com/