Ontop, a payroll platform used by global remote teams, has partnered with Opentrade to roll out a rewards program that gives eligible workers roughly 3% annual percentage yield on their payroll funds. The initiative, which leverages Opentrade's stablecoin yield infrastructure, is aimed at reducing the financial risks cross-border employees often face.
How the rewards program works
The program deposits portions of workers' pay into yield-bearing accounts built on stablecoin infrastructure provided by Opentrade. Returns are generated from that infrastructure and passed back to users as a ~3% APR reward. Ontop handles the payroll side, while Opentrade manages the yield generation.
Why it's aimed at remote workers
Cross-border remote workers frequently deal with currency volatility, limited access to local banking, or inflation in their home countries. The rewards program is designed to mitigate those financial risks by offering a yield-bearing solution on funds that would otherwise sit idle or lose value. The companies say the program specifically targets the global remote workforce using Ontop's platform.
What's behind the 3% yield
Opentrade's technology generates returns from stablecoin-based yield strategies. Those returns are then distributed to Ontop users as a rewards payout. The companies did not specify which stablecoins or strategies are used, but the infrastructure is built to comply with relevant regulations, according to the announcement.
The program is available now to Ontop's remote workforce users. No further details on expansion or eligibility criteria were provided.
