Case Study: Turkey Small Business Cuts Contractor Payout Costs with TransFi USDT Payroll

A Small Business in Turkey Switches to Paying Contractors in USDT via TransFi

a small business in Turkey, a software startup called CodeXperience, faced challenges with high fees, currency volatility, and slow international bank wires when paying its remote contractors. To solve this, they partnered with TransFi to implement a USDT payroll solution using the vendor's payout service.

TransFi provided an onboarding process, wallet setup assistance, and an intuitive dashboard for managing payments. This solution enabled the business to drastically reduce transaction costs, speed up payment settlements to under 10 minutes, and streamline its entire payroll cycle. The contractors also reported preferring USDT for its speed and global accessibility.