In the rapidly evolving digital work landscape, Ruul and MiniPay Announcing a collaboration that promises to fundamentally change the way freelancers around the world get paid. The first partnership of its kind, it integrates traditional monetary payments with stablecoins, delivering an innovative and secure solution for people working remotely and selling digital services around the world.
Borderless payments: The solution to freelancer challenges
Independent workers, especially those in emerging markets, have long faced major obstacles to international payments, including high fees, slow transfers, and fluctuations in local currencies. In regions such as sub-Saharan Africa, where 77% of the workforce is self-employed, and Latin America, where 36% are self-employed, these issues pose tangible risks for people with volatile currencies and limited access to international banking services.
of collaboration between ladder and mini pay It was created to meet exactly these needs. Thanks to you borderless payment solution stable coin, Freelancers will finally be able to receive stable, instant payments regardless of their geographic location or local economic conditions.
How Ruul-MiniPay integration works
At the heart of this innovation is the virtual IBAN technology provided by Noah and integrated into MiniPay. This system allows Ruul to receive payments in dollars or euros, automatically convert them into stablecoins such as USD₮, and deposit them directly into users’ MiniPay wallets. The whole process is transparent. Clients pay using traditional methods (credit cards, bank transfers, local methods), while freelancers receive payments in stablecoins that are protected from local currency fluctuations.
As a registered seller, Ruul manages the entire process from invoicing to tax compliance to payment collection. This model combines the ease of use of traditional payment systems with the security and stability of cryptocurrencies, ensuring a seamless experience for both buyers and sellers of digital services.
Global impact focused on emerging markets
According to Because it’s a bruteThe Ruul co-founder said the demand for stable solutions for freelance payments is rapidly increasing, especially in regions where local currencies are highly volatile. “This partnership allows us to serve freelancers around the world, especially in Latin America, Africa and the Asia-Pacific region, where opening an international bank account is often difficult and access to a stable currency is important,” said Bulut.
flat murray sparkMiniPay’s head of commerce emphasizes the company’s social mission:
“We aim to democratize financial services for underserved communities. Thanks to our presence in over 60 countries and our collaboration with Ruul, we are making stablecoin transactions simple and reliable for freelancers around the world.”
Key features of the integration
The integration of Ruul and MiniPay introduces a set of features that meet the needs of independent workers.
- Selling digital services: Freelancers can showcase and sell their services through the Ruul platform.
- Instant payments in stablecoins: Payments are deposited instantly in stablecoins such as USD₮ thanks to automatic conversion via virtual IBAN.
- Global payment acceptance: Clients can pay by credit card, bank transfer, or local methods, and freelancers receive funds in stablecoins.
- Automated tax compliance: Ruul handles cross-border sales tax management.
- Protection from volatility: Freelancers in emerging markets can avoid the risks associated with local currency fluctuations.
Enabling the service is easy. Just connect your MiniPay wallet to Ruul in one click and start making stablecoin payments instantly.
Ruul and MiniPay: two leaders serving freelancers
Ruul has established itself as the go-to platform for independent workers, with over 120,000 users in 190 countries. It provides tools for payment management, invoicing, and tax compliance, supports over 140 currencies, and integrates prepayment, cryptocurrency payment, and dedicated support options.
MiniPay is a non-custodial wallet built on the Celo blockchain, designed to make digital finance accessible and convenient, especially in emerging markets. Integrated into the Opera Mini browser and available as an app for Android and iOS, MiniPay allows users to send, receive, and store stablecoins such as USD₮, cUSD, and USDC with minimal fees and no gas management. Since its launch in 2023, MiniPay has established itself as one of the world’s fastest-growing stablecoin wallets, with over 10 million wallets activated in over 60 countries.
A new era of digital payments for freelancers
The integration of Ruul and MiniPay represents a decisive step towards creating a more comprehensive and stable financial ecosystem for freelancers. This solution creates new opportunities for millions of people around the world by combining the compliance and reliability that businesses demand with the flexibility and protection from instability that independent workers demand.
By being able to receive payments in stablecoins in a simple, fast and secure way, freelancers can now overcome the barriers imposed by traditional banking systems and currency instability and fully participate in the global digital economy. The revolution brought about by Ruul and MiniPay is just beginning.
