Millennials want to be paid in crypto; Is it worth a try?

btc wallet

A growing number of young professionals have developed a preference for crypto payments over traditional fiat currencies that organisations are accustomed to. PHOTO | SHUTTERSTOCK

When Stephen Ayoo, a communications specialist, landed a job with an international firm, he expressly asked to be paid in USDT, a cryptocurrency pegged to the dollar, but his employer declined as digital assets are unregulated in Kenya.

For Stephen, being paid in stablecoin would be convenient because he trades digital assets and it would be easier to buy them. “If you are enthusiastic about cryptocurrencies like me and actively trade or hold them, it makes sense to consider getting paid in crypto,” he says.