The analysis highlights that while stablecoins offer fast transfers, employees often incur fees and face tax complexities when converting them to local currency or moving them to bank accounts. This raises questions about who bears the costs of making stablecoin paychecks usable. Galaxy Payroll Group announced its stablecoin payroll service on September 2, and Deel updated its employer guidance on September 17, emphasizing that stablecoin payments do not remove employers' existing wage, tax, or reporting obligations.