Deel Recruitment Agency in Argentina has seen an increase in the percentage of cryptocurrency salaries
Freelancers in Argentina choose cryptocurrency as their paycheck
28.02.2022 - 10:15
342
1 min
0
What’s new? The international recruitment company Deel has published “State of global hiring report 2021.” According to research results, Argentinians' salaries have increased by 21% in the last six months. This is due to cooperation with international companies. More and more employees are signing contracts for salaries in cryptocurrency. BTC is most often withdrawn, 63% of transactions are associated with it. The second place is taken by ETH - 23%. Stablecoins and other cryptocurrencies are used less frequently.
Why is this happening? The Argentine government is loyal to cryptocurrency and it supports the solvency of its citizens. Many Argentine employers and commercial platforms are aimed at signing cryptocurrency-related contracts.
“We are seeing an increase in cryptocurrency withdrawals in Argentina. We currently offer withdrawals in BTC, the most popular in Latin America, ETH, USDC, and SOL through Coinbase,” Deel COO Dan Westgarth stated.
Useful material?
Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024