Coinbase customers will soon be able to have their paychecks deposited directly to their accounts, the company said Monday. The company will also allow some employers to pay their employees in crypto.
"The future of payroll is coming," Prakash Hariramani, Coinbase's senior product director, said in a blog post.
Customers will have the option to deposit "as little or as much" of their paycheck to their accounts as they want. They can also choose to get paid in U.S. dollars or in cryptocurrency. The company said it will "automatically convert the paycheck from U.S. dollars to crypto with no transaction fees."