Gusto Accelerates Global Payments with Zerohash Stablecoin Integration

As the workforce becomes increasingly dispersed across various countries, companies face significant challenges in paying employees and contractors internationally quickly and efficiently. The HR service platform Gusto has found a way to accelerate global payments by partnering with Zerohash, a leading crypto infrastructure provider, to integrate stablecoin technology into their payroll system.

How to Accelerate Cross-Border Payments Using Stablecoin

This integration allows eligible contractors to receive earnings in US dollar-pegged stablecoins with settlement times of just a few minutes, rather than days as in traditional systems. According to Edward Woodford, founder and CEO of Zerohash, this step arises from the real needs of the ever-evolving modern industry.

The stablecoin-based payment feature is now in beta and offers flexibility to workers with options to receive funds via third-party digital wallets or self-custody wallets. Each transaction is conducted on-chain with full settlement and traceability, supported by regulated entities operating across multiple jurisdictions.

Traditional Payment Challenges Driving Innovation

Industry data shows that about one-third of small businesses in the United States now outsource at least one role, while Gusto’s own research reveals that 11% of them will hire international contractors by 2025. Conventional cross-border payments can take three to seven days to settle, creating significant cash flow challenges for contractors and bureaucratic friction for employers.

By using stablecoins and real-time payment channels, Gusto can move funds globally at speeds far faster than traditional banking systems, reflecting a growing interest in the fintech sector for on-chain settlement solutions for payments and payroll.

Blockchain Technology and Crypto Infrastructure Behind Speedy Transfers

Stablecoins are cryptocurrencies pegged to measurable assets such as fiat currencies or gold. These digital currencies have become the backbone of the crypto economy, serving as reliable payment channels and tools for transferring money across borders with minimal risk. Tether’s USDT is currently the largest stablecoin, closely followed by USDC from Circle.

The infrastructure provided by Zerohash ensures that every transaction is not only fast but also secure and regulated. Gusto, serving over 400,000 small business employers, now offers them innovative tools to manage global payroll without the cost and delay barriers that have long been issues.

Prospects for Stablecoin-Based Salary Payments in the Digital Era

This trend indicates a fundamental shift in how global businesses handle payments and payroll. As modern labor becomes more global and digital, traditional payment systems can no longer meet the speed and accessibility needs of contemporary companies. The collaboration between Gusto and Zerohash exemplifies how blockchain technology can address practical problems in the real business world, opening the door for broader adoption of stablecoins in the finance and human resources sectors.