Thinking Crypto News & Interviews

Get Paid in Crypto! This Payroll Solution will Boost Adoption! with Megan Knab

Aug 25, 2025
Megan Knab, Founder and CEO of Franklin, shares her journey through the world of cryptocurrency, having previously worked with Consensys and Ethereum. She discusses how Franklin enables businesses to integrate crypto into payroll, emphasizing the benefits of stablecoins for payment efficiency. The conversation also covers the impact of US crypto legislation and innovative compliance strategies tailored for Web3 startups. Megan envisions a future where stablecoins reshape traditional payment systems, enhancing user experiences and operational effectiveness.
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ANECDOTE

Startup Born From Frustration

  • Megan built Franklin out of frustration running finance for Web3 startups and wanting to use crypto internally.
  • She prototyped payroll on-chain at Serotonin before spinning Franklin out as a product and company.
INSIGHT

Noncustodial Smart Contract Payroll

  • Franklin uses EVM smart contracts so companies get non-custodial payroll contracts per company.
  • Funds never commingle and companies can operate across Ethereum mainnet and layer-2s like Polygon and Arbitrum.
ADVICE

Use Wallet Links To Prevent Payment Errors

  • Connect worker wallets to payroll smart contracts to eliminate manual data-entry errors and ensure correct payments every time.
  • Choose funding and settlement permutations (fiat in bank, stablecoin on chain, or hybrid) based on your business needs.
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