Gilded adds bulk pay feature to facilitate ETH and stablecoin payments for up to 500 users

Submitted by Anonymous (not verified) on Wed, 04/21/2021 - 00:13

CryptoNinjas » Gilded adds bulk pay feature to facilitate ETH and stablecoin payments for up to 500 users

Gilded, a B2B payments and accounting platform for cryptocurrency, today announced the availability of Mass Pay, a full-service solution that allows businesses to pay up to 500 employees at once in ethereum-based tokens including stablecoins. Mass Pay enables any business to become a blockchain business, facilitating one streamlined cryptocurrency transaction that saves them time and prohibitive gas fees when on the Ethereum blockchain.

“In a climate with an increasingly tech-savvy workforce that’s embracing the maturing crypto ecosystem, the appetite for salaries paid in crypto is growing rapidly,” said Gil Hildebrand, CEO of Gilded. “But until now, all crypto payroll solutions were custodial, eliminating many of the benefits of using blockchain technology for payments. Mass Pay is a non-custodial, comprehensive solution with built-in accounting that enables any business to become a blockchain business. Mass Pay gives businesses a single streamlined solution to pay up to 500 employees in crypto, saving them time and gas fees and making paying employees in cryptocurrency easier than ever.”

Launched in 2018, Gilded is a full-service option for a business’s entire back-office workflow, helping top blockchain companies scale by automating everything from payments to accounting. For companies that are paying employees or freelancers in crypto, or for those who would like to start, Gilded Mass Pay helps make the process seamless. Additionally, with national currency-pegged stablecoins, safer payment rails, and secure wallets, it’s never been easier to start paying employees in cryptocurrency.

With the launch of Mass Pay, Gilded makes it possible for a business to: