u/Aggravating-Knee2680

▲ 2 r/smeSingapore+1 crossposts

Hey everyone, I want to be upfront about what this is and isn’t.

I’m exploring a problem around stablecoin payroll for Singapore businesses that work with remote employees or contractors in SEA.

From what I’m seeing, stablecoins are becoming more common in the region. I have a few friends from Vietnam who told me they would prefer getting paid in stablecoins, mainly because it gives them easier access to USD value and avoids some of the friction around banks and FX.

But I also know this is not simple.

In some countries, receiving salary or contractor payments in crypto is still a grey area. It is not always fully clear, and most businesses probably do not want to figure this out country by country.

So I’m offering to help for free at the start.

If you are a Singapore company and you want to explore paying your remote employees or contractors in stablecoins, I can help you look into the compliance side, payment flow, and operational setup.

The idea is simple:

You should not have to figure out every legal, compliance, and payment detail yourself just because someone on your remote team wants to receive USDC/USDT, or crypto.

I’m still early, so I’m mainly looking to learn from real cases.

A few things I’m trying to understand:

  1. Has anyone on your remote team asked to receive salary or contractor payments in crypto?
  2. Are you considering paying remote workers in stablecoins?
  3. What is stopping you from doing it today?

Not trying to hard sell anything. I’m happy to help a company for free first, understand the real problems, and see if this is worth exploring.

*For transparency, this is my LinkedIn: /in/yeungwingfung/

If this is relevant to your company, feel free to comment or DM me. Happy to help a few companies think through this for free.

reddit.com
u/Aggravating-Knee2680 — 16 days ago
▲ 6 r/smeSingapore+1 crossposts

Hey all,

Bit of a long shot, but I'm hoping to learn from people who've lived this.

I'm trying to understand how small Singapore companies handle paying people outside the country like remote employees, contractors, freelancers, whoever. Not from a "best practices" angle. More like, what does it actually look like on a Tuesday afternoon when payroll is due and someone's bank in Manila hasn't received the transfer yet.

If you're the founder, finance person, ops lead, or HR manager who's stuck dealing with this, I'd really love to hear from you.

Some of the things I'm curious about (no need to answer all, just whatever's on your mind):

- What platform are you using right now? Did you try anything that didn't work?
- Who in your company actually owns this? Is it falling on one person who didn't sign up for it?
- What's the part of the month you dread?
- Has anyone ever pushed back on how or what currency you're paying them in?

I'm not selling anything and I'm not going to pitch you. I'm at the stage where I'm just trying to understand the problem before assuming I know it. I've talked to a handful of people so far and almost everyone's process is held together with spreadsheets and goodwill, which is exactly why I want to talk to more.

Happy to do a 15–20 min call, or just trade DMs if that's easier. Can send a small coffee gift card as thanks for your time, I'm grateful for any reply, even a one-liner.

If you've hired anyone outside Singapore in the last year, I'd love to hear how you're managing it.

reddit.com
u/Aggravating-Knee2680 — 21 days ago