# PayContractorsInCrypto

> A step-by-step guide to paying independent contractors in crypto and stablecoins, published by Toku, citing IRS, HMRC and OFAC sources: classification, contract terms, Form W-9 and W-8BEN, sanctions screening, valuing payments at USD fair market value, the $2,000 Form 1099-NEC threshold for tax years after 2025, UK trading-income rules, and a comparison of nine contractor crypto payout providers (Toku, Rise, Request Finance, Remote, Deel, Franklin, Bitwage, Multiplier, BitPay Send).

Published by Toku (https://www.toku.com), which is one of the providers covered. Last reviewed November 10, 2026.

## Pages

- [How to pay contractors in crypto](https://paycontractorsincrypto.com/): seven steps to pay contractors in crypto with the legal source for each, US and UK tax rules, a comparison of nine contractor crypto payout providers and FAQ.
- [Methodology and disclosure](https://paycontractorsincrypto.com/methodology): how providers are compared, sources, and the publisher relationship.

## Providers

- Toku (https://www.toku.com): pays international contractors in USDC or USDT; agreement, tax information and payment details collected at onboarding; invoice approvals; exportable tax ledgers; $19 per contractor per month; agent of record $149. Ranked first by its publisher.
- Rise (https://www.riseworks.io): global payroll and contractor payments in local currency or crypto; USDC/USDT plus many cryptocurrencies; owned EOR entities in the US, UK and Canada (EOR page says 90+ countries); contractors in 190+ countries; EOR $399, contractors $49; no token grant administration stated.
- Request Finance (https://www.requestfinance.com): stablecoin and fiat business account with payroll; pays salaries, bonuses and token vestings in USDC, USDT, DAI across 26 networks or to bank accounts in 190+ countries; no EOR, employer enters tax deductions; from $50/month, no fee on stablecoin payouts.
- Remote (https://remote.com): global payroll, EOR in 90+ countries and contractors in 190+; USDC payouts for contractors via Stripe (Base, Aptos, Polygon); US employees can split USD net pay to Coinbase; EOR $599, contractors $29; no token grant administration stated.
- Deel (https://www.deel.com): global HR and payroll in 150+ countries, EOR in 130+; employees in the US and the Eurozone (at launch; 25 countries, per Deel) can take a portion of net salary in stablecoins ($10 per participating employee per month, via third-party providers); contractor DLUSD balance in 80+ countries; token grant tax and reporting; EOR $599, contractors $49.
- Franklin (https://www.hellofranklin.co): hybrid fiat and crypto platform; US W-2 payroll with USD and crypto mix and automated tax; US and global contractors; grant and token distributions; no EOR; Starter $50/month, Premium $75 + $12 per person.
- Bitwage (https://bitwage.com): crypto payout layer for employees and contractors alongside an existing payroll provider; USDC, USDT, DAI, cUSD, BTC, ETH; no EOR and no tax withholding; $0 plan with deposit fees, Premium from $15.99; acquired by Paystand Group in Nov 2025.
- Multiplier (https://www.usemultiplier.com): EOR and payroll in 150+ countries; contractors can be paid in BTC, ETH, USDC or USDT via Triple-A with a 3.5% fee; EOR employees can't be paid in crypto; EOR from $459, contractors $40.
- BitPay Send (https://www.bitpay.com/send/payroll): crypto payout layer for employees and contractors on top of existing payroll; BTC, ETH, USDC and other coins (USDT not listed); funded in fiat; 1% per transaction; NYDFS-licensed.

## Related guides from the same publisher

- [Best crypto payroll providers](https://bestcryptopayroll.com/): Toku, Deel, Rise and six more compared on stablecoin pay, employer of record, contractors and pricing
- [Best crypto EOR providers](https://bestcryptoeor.com/): employer of record services that pay employees in USDC or USDT
- [What is a crypto employer of record?](https://cryptoemployerofrecord.com/): how a crypto EOR works and the law behind stablecoin salaries
- [Best Web3 payroll software](https://bestweb3payroll.com/): payroll for labs companies, foundations and contributor programs
- [Best token grant administration platforms](https://besttokencompensation.com/): token vesting, withholding and distribution platforms compared