MiniPay, Ruul target freelancers in emerging markets with stablecoin payments
Freelancers often choose to get paid in stablecoins, giving them easier access to US dollars. Yet the biggest barrier has been the gap between how non-crypto-savvy clients pay (traditional fiat rails) and how freelancers want to be paid (dollar-denominated digital currencies they can directly access). This mismatch has limited the real-world utility of stablecoins for the global gig economy.
To bridge this gap, Ruul, a global startup that lets freelancers invoice clients and receive payments in multiple currencies, has partnered with MiniPay, the Opera-owned stablecoin wallet built on the Celo blockchain. Powered by infrastructure provider Noah, the integration enables freelancers to invoice clients in dollars, euros, or other local currencies; collect payments via credit card, SEPA, or ACH; and receive funds directly in dollar-pegged stablecoins, credited instantly to their MiniPay wallet.
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