New York, New York (June 2025) - Rise is excited to announce that it has partnered with Circle, the issuer of USDC through its regulated affiliates to expand Rise’s ongoing efforts to advance global USDC adoption.
Rise will position the widely-used transparent stablecoin as a central element within its hybrid payroll infrastructure. As of June 2025, Rise has paid out more than $650M to global teams, with over half of their contractors choosing to withdraw their earnings in stablecoins like USDC.
Partnering with Circle allows Rise to promote stablecoin adoption on a global scale, as more salaries and invoices are settled in USDC through Rise’s on-chain infrastructure. This shrinks transfer times from days to seconds while giving every transaction a transparent, onchain audit trail.
Why This Partnership Matters
Paying a global workforce shouldn’t be slowed down by wire delays, FX spreads, or fragmented banking systems.
USDC is available on Rise for both payroll funding and withdrawals in our entire product suite which includes an Agent‑of‑Record, Employer‑of‑Record, Global Contractor Pay, and Direct Payroll service.
Rise’s Commitment to Expanding USDC Adoption
Over the coming months, Rise will:
- Roll out educational guides that make USDC usage and wallet security straightforward for finance teams.
- Highlight the benefits of USDC payroll for both companies and their contractors/employees.
- Advocate for clear, forward‑looking digital‑asset payroll standards by joining global policy and industry working groups.
“We’re excited to evolve our relationship with Circle. Building the first truly on-chain payroll system, we wanted to make sure we incorporated stablecoins with the most robust compliance infrastructure and adoption behind them. USDC clearly stood out. The future of payroll is onchain, and we’re proud to lead efforts in this category.” said Hugo Finklestein, CEO of Rise.
About Rise
Rise is a hybrid payroll and compliance platform that enables businesses to automatically onboard, hire and pay global teams in local currencies, stablecoins, or cryptocurrencies.
Trusted by hundreds of companies across the world, Rise has processed over $650 million in payroll volume to both independent contractors and full-time employees.
Since the platform is built on-chain, Rise is able to offer transparent, auditable payments in real time while eliminating intermediaries and reducing settlement delays.
About Circle Internet Group
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world’s largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations. For more information please visit https://circle.com.
Media Contacts
Hugo Finkelstein | CEO, Co-founder
Hugo@riseworks.io
