UFC fighter Guido Cannetti partners with Bitwage, the world’s largest crypto payroll company
Bitwage, the global crypto payroll provider, is thrilled to announce its partnership with Argentinian UFC fighter Guido Cannetti. By using Bitwage, Guido will receive 100% of his salary in USDC stablecoin through the Stellar network on Vibrant, which is a wallet app developed by the Stellar team specifically designed for Argentinians facing inflation.
For modern-day Argentines, inflation is a stark reality that destroys the purchasing power of their local currency. Many find themselves in situations where they desperately seek a solution to preserve the value of their work.
This is where stablecoins come in. USDC is a cryptocurrency that can be exchanged 1:1 for US dollars. It has been trusted for years as low risk, which is why it has caught the eye of Argentinians looking to escape inflation. By using USDC on the Stellar network – a reliable and resilient blockchain – Argentines can access USDC with low-cost transactions and near-instantaneous payments.
“I get paid in USDC because it’s safer for my future,” Cannetti said, “and Bitwage is the best option to do that. beginners like me.
Guido Cannetti is another athlete in a long line of ambassadors supporting Bitwage. UFC fighters Luana Pinheiro and Matheus Nicolau, American football players Achara Infunanyachi and Alex Crognale, and American football player Alex Barrett all use Bitwage for their crypto payroll services.
“We love partnering with athletes and influencers on deals like this because it drives crypto adoption forward,” said Jonathan Chester, CEO of Bitwage, “whether it’s bitcoin or from a stablecoin like USDC, our goal is to create good financial products in the crypto ecosystem while making them ubiquitous in the daily lives of workers around the world. We believe that everyone should have the opportunity to earn their salary quickly and safely to preserve the value of their work.
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