Aliant Payments Will Use Bitcoin as Part of Its Workers’ Compensation Packages
The payment processing company Aliant Payments has recently announced that it is going to pay a part of its employees’ compensation packages using Bitcoin (BTC). According to the press release sent out by the company, this reflects the desire of the employees, as many of them decided to invest in digital assets recently.
Aliant Payment’s CEO Eric Brown has said that this measure will certainly boost crypto adoption, as adoption happens primarily when people are able to earn crypto and then spend easily. Now, each member of the team will have some interest in the market because they are effectively becoming a part of it.
Paying salaries in crypto is often a very controversial topic, so the company is only paying out using compensation packages. This is a slightly more sensible approach to the idea as it allows the companies to dip their toes in the field without having to risk the stability of the employees, as the market is still very volatile.
This is not the first time that the company has dipped its toes into cryptocurrencies. Two years ago, the company was responsible for launching CryptoBucks, a crypto processing system that caters to online merchants. They could receive Bitcoin and transfer it automatically to USD.
Other companies have followed a similar path. Bitfury, for instance, is another company that was focused on launching the software to allow merchants to receive BTC. This would, in the company’s view, allow more people to adopt the technology, and was part of a larger effort to make the Lightning Network, a layer 2 scaling solution for Bitcoin, more popular.