Rise has announced a partnership with Circle aimed at expanding the use of the stablecoin USDC in global payment and payroll processes.
Partnership between Rise and Circle
Rise, a payroll management platform, has entered into an agreement with Circle, the issuer of USDC, to accelerate the global adoption of the stablecoin. The partnership will integrate USDC into Rise's payroll system, simplifying salary calculations.
Simplifying Payments with USDC
As of June 2025, Rise has processed over $650 million in payouts, with over half of contractors opting to withdraw their earnings in USDC. This partnership aligns with the concept of reducing transaction processing times from days to seconds, with each operation having a transparent audit trail.
Future Initiatives of Rise
In the coming months, Rise plans to introduce educational guides for using and securing USDC wallets and highlight the benefits of USDC payroll for companies and their employees. Additionally, Rise will participate in global working groups to advocate for digital asset payroll standards.
The partnership between Rise and Circle represents a step forward in utilizing stable cryptocurrencies for payments, potentially enhancing the efficiency of settlements for global teams.
