Yesterday Bitcoin investment firm NYDIG announced it’s the latest firm to enable part of someone’s salary to be paid in cryptocurrency. It’s also worth exploring the other motivations for using digital currency for salaries, the innovations already available, and how this might impact the corporate adoption of digital currencies, including stablecoins.
In NYDIG’s case, the purpose is to promote Bitcoin as a saving and investment tool. It gives a case study of former NFL start Drew Brees whose companies Everbowl and StretchZone allow staff to receive a portion of their paycheck in Bitcoin, if they choose.
Coinbase announced a similar plan in October last year.
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