product · May 20, 2026
Upwork Extends Payoneer Partnership to Test Stablecoin Payouts in Emerging Markets
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Upwork renewed and expanded its partnership with Payoneer on May 14, 2026. The agreement adds exploration of stablecoin-enabled payouts targeting freelancers and small businesses in Latin America and other emerging markets. Payoneer remains the primary wallet and direct-to-local-bank provider for international Upwork users. The move supports Upwork’s cost-tightening efforts while leveraging Payoneer’s regulated cross-border network. Payoneer plans broader stablecoin rollout throughout 2026 following its February 2026 announcement of capabilities powered by Bridge.