UFC flyweight contender Matheus Nicolau has signed a deal that will see him receive future earnings in Bitcoin through Bitwage, the world’s largest crypto payroll service.
Originally from Brazil, Nicolau is now the first Latin American fighter to be paid in the leading cryptocurrency.
Nicolau, among many other Latin Americans, prefers to receive payments in Bitcoin due to the dizzying inflation that currently haunts his home country.
His manager, Vinicius Las Casas, explained:
“We are very optimistic about Bitcoin and we want to spread the Bitcoin gospel with this latest deal.”
Las Casas will also receive a portion of his salary in Bitcoin.
To receive a Bitcoin salary through Bitwage, users need to register and obtain a bank account number, this account number is then given to the employer, who can then deposit a salary. Once the paycheck has been processed, the user will receive Bitcoin in their preferred wallet.