Deel taps Stripe to build stablecoin wallet for contractor payouts

  • Stripe partnered with Deel to build a stablecoin wallet for contractor payouts, enabling users to hold, earn rewards on, and spend a US dollar-backed balance.
  • Bridge, a Stripe unit, will convert employer-funded US dollars into Deel’s DLUSD stablecoin via Open Issuance.
  • Balances will be held in embedded wallets from Privy, also owned by Stripe, with a Deel Card enabling global spending.
  • Deel targets contractors in 150+ countries; the wallet is live in Argentina with rollout planned across LATAM, then APAC, MENA, Africa.
  • Transactions will run on Tempo, aiming for near-instant settlement with lower cross-border costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stripe Inc. published the original content used to generate this news brief on June 03, 2026, and is solely responsible for the information contained therein.