Rise is a Web3-enabled payroll and compliance platform that allows companies to pay contractors using stablecoins or fiat. Its blockchain-based system ensures accurate, immutable transaction records, leveraging stablecoins like USDT or USDC for secure, transparent payments. If contractors prefer fiat payouts, Rise taps into a global network of local partners to handle conversions. The platform automates tax compliance, offers health and travel benefits for contractors, and supports flexible pay schedules.