Eric Trump, co-founder of World Liberty Financial, said at Token2049 in Singapore that the era of paying wages in stablecoins has arrived. He said his family business, which he described as a “super employer” with tens of thousands of workers across hotel assets worldwide, is “without a doubt” studying whether to pay staff in stablecoins. Trump also pointed to existing examples of athletes asking to be paid in Bitcoin, saying the appreciation of the underlying asset can far exceed the contract amount. For ordinary employees, he said, traditional check settlement can take 24 to 36 hours, while what people want is for the money to hit their accounts immediately.
At Token2049 in Singapore, Eric Trump, co-founder of World Liberty Financial, said the era of paying wages in stablecoins has arrived, according to ChainCatcher's on-site report.
Trump said his family business is a “super employer” with tens of thousands of employees tied to hotel assets around the world, and is “without a doubt” studying the use of stablecoins for payroll.
He also said athletes asking to have contracts paid in Bitcoin already set a precedent, with gains in the underlying asset often exceeding the contract amount. For ordinary workers, he said, check settlement usually takes 24 to 36 hours, while people want the money to land in their accounts “immediately.”
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