Hybrid cash & crypto payroll is live with Franklin!

We started Franklin with the mission of increasing web3 adoption, thinking there is perhaps no better way than injecting crypto right into people’s paychecks. We are also keenly aware of the burden of administering payroll, especially in crypto. Now with Franklin, all of the time spent sending manual transactions, record keeping, tax calculations, and expensive outsourced tax preparers are gone. Here’s what Franklin can do:

• Pay U.S. Employees in Both Crypto and Cash. You can pay your staff 100% in stablecoins, 100% in cash, or some mix of both.
• Contractor Payments. No need to send out individual payments manually.
• Streaming Payments. Allow for your workers to claim their payroll in real time as opposed to every two weeks.
• Tax Support. Franklin manages all of the necessary local, state and federal withholdings. Your workers W2 and 1099 tax forms are generated through Franklin.
• Pay Stubs and Transaction History. Your workers can login to Franklin to download their pay stubs and payment history. Your company can also export transaction history for bookkeeping purposes.

We are thrilled to bring Franklin to market with the help of some extraordinary partners and early customers. Interested in learning more about Franklin? Reach out to contact@hellofranklin.co, follow @FranklinPayroll on Twitter, and stay tuned to our blog for the latest feature releases.