Bloccpay is using stablecoins to simplify cross-border payroll

Instant crypto payouts mean very little if your bank rejects raw wallet histories as proof of income. For remote African workers earning from international clients, getting paid is only half the battle—the other half is building a verifiable paper trail for visas, rent, and banking compliance. After moving to the UAE, Jennifer Echenim found herself doing a monthly “convoluted dance” through friends, stablecoins, and P2P trades just to access her salary cleanly. That frustration led her and co-founder Ajoke Asunmonu to build Bloccpay—a chain-agnostic payroll platform that combines stablecoin settlements with bank-grade digital pay slips. In our latest feature, OPEYEMI KAREEM breaks down how Bloccpay is fixing the broken assumptions of cross-border remote work for African talent.

Anyone who has relocated internationally knows the exact moment their finances become a bureaucratic hurdle. Opening a local bank account, securing a lease, or applying for a visa requires a clear, verifiable audit trail demonstrating the source and legitimacy of income.

For remote workers in Africa earning from international clients, establishing that financial paper trail is notoriously difficult. Payouts often arrive via third-party intermediaries, remittance platforms, or informal channels, leaving workers with opaque transaction histories that fail to satisfy traditional banking compliance.

Jennifer Echenim encountered this friction firsthand after relocating from Nigeria to the United Arab Emirates (UAE) while working remotely for international firms. One payment platform provided verifiable proof of earnings but suffered from sluggish processing times and uncompetitive FX conversion rates. Conversely, a popular cryptocurrency exchange offered instant settlement but produced raw wallet ledger histories that UAE commercial banks flatly rejected as proof of income.

To access her earnings, Echenim was forced to construct an arduous monthly workaround. She would transfer funds to a friend with a US dollar account in the UAE, convert the fiat into stablecoins, route the digital assets to her crypto wallet, and execute peer-to-peer (P2P) trades to deposit local currency into her UAE bank account.

“I was doing this convoluted dance every month—moving money through friends, converting stablecoins, and navigating P2P channels just to access my salary,” Echenim recalls.

Drawing on her background in blockchain product management, Echenim teamed up with co-founder Ajoke Asunmonu to map the end-to-end payment lifecycle for global contractors—from corporate dispatch to final withdrawal. They systematically pinpointed where value was lost to high fees, delayed settlement, and compliance gaps.

That exercise birthed Bloccpay, a stablecoin-powered payroll and invoicing infrastructure designed for cross-border talent. Conceived in 2022, the platform underwent private beta testing in 2023 before launching publicly in early 2024.

How Bloccpay works

An estimated 20,000 Nigerians work for domestic and international outsourcing firms, part of a broader shift across Africa toward remote global employment. Yet, as exportable digital talent expands, payroll infrastructure has struggled to keep pace.

“Legacy payroll systems were built on the assumption that employers and employees operate within the same legal jurisdiction,” Echenim explains. “Banking rules, tax compliance, and documentation frameworks were all designed around that premise. Remote work completely shattered those assumptions.”

To use Bloccpay, employers complete automated Know Your Business (KYB) and Know Your Customer (KYC) verification by submitting corporate registration records and administrator identification. Once approved, companies can onboard full-time staff or independent contractors, paying them via bank accounts or digital wallets.

Employers configure automated payroll schedules—weekly or monthly—and fund payouts using either fiat or cryptocurrency. Bloccpay operates on a chain-agnostic architecture, enabling workers to receive funds on their preferred blockchain network without forcing employers to manage multi-chain liquidity.

Crucially for compliance, Bloccpay generates itemised digital pay slips for payroll cycles and official receipts for invoices. Contractors can also issue custom invoices complete with contract attachments, proof-of-work documentation, and Value Added Tax (VAT) calculations, creating an undeniable paper trail for traditional banks.

Under the hood

Bloccpay’s revenue model relies on a $15 monthly fee per contractor for payroll processing, alongside a 1% fee on invoicing and a 1% withdrawal fee when users transfer funds out of the Bloccpay ecosystem. The withdrawal charge is strategically structured to encourage talent to retain capital within the ecosystem.

“Our vision is to build a unified financial hub where workers manage and spend their earnings seamlessly, rather than juggling multiple payment apps,” Echenim notes.

While competing with global crypto-payroll platforms like Request Finance, Bitwage, and Rise Works, Bloccpay differentiates itself through its deep focus on African banking corridors and its chain-agnostic design.

“We cater seamlessly to both crypto-native users and non-crypto talent,” co-founder Ajoke Asunmonu adds.

Longer term, Bloccpay plans to leverage verified income histories to unlock embedded financial services—including health insurance, gym memberships, travel booking, and utility payments. For now, the team remains focused on expanding processing volumes and strengthening cross-border off-ramp liquidity across emerging markets.

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