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Hong Kong — September 2026 — Galaxy Payroll Group Limited (“Galaxy Group” or “Galaxy”) (Nasdaq: GLXG), a provider of payroll services, employer of record (EOR), HR outsourcing, and cross-border workforce solutions, announced today that it will begin supporting stablecoin payment options in September 2026 for businesses, employees, and contractors.
The new payment capability is designed to provide Galaxy clients and their global workforces with greater flexibility in managing cross-border payments, especially where traditional international payment methods may involve longer settlement times, multiple intermediaries or additional transaction costs.
With this new feature, Galaxy clients that qualify will be able to use supported stablecoins as an additional payment method for approved business and workforce-related transactions.
Employees and contractors who are eligible may also choose to receive approved payments through supported stablecoin payment channels, subject to applicable laws, compliance requirements, and local availability.
Galaxy’s stablecoin payments will complement the existing traditional banking and payroll payment infrastructure. Clients and workers will not be required to use stablecoins.
The initiative is part of Galaxy’s broader strategy to modernize its cross-border workforce infrastructure while maintaining compliance and operational controls.
Stablecoin payments will be supported by Galaxy within an appropriate compliance and risk management framework.
This service will be available in accordance with applicable laws and regulations, jurisdictional restrictions, identity and compliance verification, and Galaxy’s internal policies and procedures.
As an Employer of Record, Galaxy will continue to comply with all applicable local laws regarding payroll calculations, tax withholdings, statutory benefits and employment reporting.
Adding stablecoin payment support to Galaxy’s EOR and payroll services does not alter the underlying employment relationship, payroll calculation methodology or statutory obligations.
Three key groups are intended to be served by Galaxy’s stablecoin payment capability:
Businesses
Allowing eligible clients to fund approved cross-border payroll and workforce-related payments.
Employees
Enabling eligible employees to access approved stablecoin payment options while maintaining the necessary payroll, tax, and statutory employment records.
Contractors
Providing support for payments to eligible contractors via stablecoin channels, subject to contractual and compliance requirements.
The company was founded in 2013 to assist international companies in managing employment, payroll, and workforce operations in Asia-Pacific.
Among the services provided by the Group are Employer of Record (EOR), global payroll, HR outsourcing, company formation, accounting, and cross-border compliance.
The introduction of stablecoin payment support is another step in Galaxy’s development of flexible payment and workforce infrastructure for multinational organizations.
Galaxy expects to introduce the capability gradually beginning in September 2026, with availability determined by jurisdiction, client requirements, worker eligibility, supported payment channels, and regulatory requirements.
Galaxy’s official channels will provide information regarding supported stablecoins, payment procedures, eligibility, and geographic availability.
Galaxy Payroll Group Limited (Nasdaq: GLXG) is a Hong Kong-based professional services group specializing in Employer of Record (EOR), global payroll, HR outsourcing, company formation, accounting and cross-border compliance services.
Galaxy supports international companies expanding across Asia-Pacific by providing employment infrastructure and regulatory support, enabling businesses to hire and manage workforces across multiple jurisdictions.
Galaxy Payroll Group Limited
Nasdaq: GLXG
Email: info@galaxyapac.com
Website: galaxyapac.com
The press release contains forward-looking statements within the meaning of applicable securities laws. Actual results may differ materially from those in these statements as a result of risks and uncertainties.
In this press release, forward-looking statements include statements regarding Galaxy’s stablecoin payment capability, expected customer and worker adoption, and the potential benefits of stablecoin payment capabilities.
There are several factors that could affect actual results, including, but are not limited to, changes in applicable laws and regulations, financing conditions, jurisdictional restrictions, market conditions, customer demand, operational and technological challenges, as well as Galaxy’s ability to implement and expand stablecoin payment capability.
Except as required by law, Galaxy does not undertake any obligation to update forward-looking statements.
Depending on the jurisdiction, stablecoin payment services and availability may differ, and are subject to applicable laws, regulations, compliance requirements, eligibility criteria, and Galaxy’s internal policies.
This announcement does not constitute financial, investment, legal or tax advice, nor does it constitute an offer, solicitation, or recommendation to acquire, hold, or transact in any digital assets.
Technology, counterparty, liquidity, regulatory, and other risks may be associated with stablecoins.
