Rise Partners With Circle to Boost USDC Adoption in Global Payroll Systems
Rise has teamed up with Circle, the issuer of USDC, to integrate the stablecoin into its global payroll infrastructure. By June 2025, Rise will utilize USDC to streamline cross-border payments, cutting transfer times from days to seconds while ensuring transparent on-chain audit trails.
The partnership targets inefficiencies in traditional payroll systems, such as wire delays and FX spreads. Rise's hybrid payroll solution will now incorporate USDC as a Core component across its product suite, including Agent-of-Record and Employer-of-Record services.
Educational initiatives will be introduced to facilitate USDC adoption for finance teams, alongside advocacy for digital-asset payroll standards. "Building the first truly on-chain payroll system requires robust stablecoin integration," a Rise spokesperson stated.