The Rise Report: July 2024

With new projects and new team members being added this month, Rise had a busy and productive July!

We also took a look at the overall development of global stablecoin use and encountered some pretty interesting data 👀

Let's now dive in and see what Rise accomplished over the past 30 days.

Launch of Web3 Operators

On July 23rd we launched our newest educational resource titled "Web3 Operators", which is designed to provide unique and actionable insights for anyone looking to succeed in the Web3 space.

In just a week's time we already published multiple valuable resources including:

• 5 Key HR Trends in the Web3 Industry
• 7 Essential Skills for Web3 Developers
• 5 Major Challenges Facing Web3 CEOs in 2024
• 5 Mandatory Tools for Web3 Marketing in 2024

Here's the related social accounts as well so you never miss an update:

• Web3 Operators LinkedIn
• Web3 Operators X (Twitter)

This new site is a follow-up to our popular ebook, "The Web3 Operators Playbook", which has already become one of our most downloaded resources over the past couple of months.

If you haven't taken a look at that yet, make sure to check it out below:

To make sure you don't miss any of our upcoming resources from Web3 Operators, make sure you subscribe today!

Rise Hiring Spree Continues!

Here at Rise we are growing at record pace and the size of our team is growing just as fast.

Over the past month we hired two more sales roles and are actively searching for a Head of Partnerships, so if you or anyone you know might be interested, apply now!

Stablecoins Having an Incredible 2024

Here at Rise many of the international contractors on our platform choose stablecoins as their method of payment each and every month, with USDT being slightly more popular than USDC.

By taking a deep dive into the state of stablecoins in 2024 in our latest post "24 Incredible Stablecoin Stats From 2024", here's some of the main pieces of growth that stood out at us:

1. Active Users of Stablecoins: As of May 2024, there are over 27.5 million active users engaging with stablecoins (B2binpay)
2. Stablecoins in Global Remittances: Approximately 30% of global remittances are now facilitated through stablecoins, reflecting their growing utility in cross-border transactions. (Circle)
3. Stablecoins Account for 65% of Crypto Payroll Transactions: In 2024, stablecoins like USDT and USDC dominate the crypto payroll landscape, making up 65% of all transactions in this area. (TechReport)

Podcasts From The Month

As always, our CEO and co-founder Hugo Finkelstein was active on a couple of podcasts throughout the month. Here's a couple of recent clips:

• Rise x The Accountant Quits
• Rise x ZeroHash

Top 5 Articles From the Month

• Top 10 Issues with International Payroll (And How to Solve Them)
• 5 Benefits of Paying Employees in USDT
• Understanding MICA in 2024-2025
• FULL Crypto Compliance Guide for CPA Firms (2024 Update)
• Rise vs Deel: Best Crypto Payroll

See You Next Month!

We look forward to seeing you again next month as we update you on all the exciting things that Rise is currently working on.

In case you haven't already, make sure you follow Rise here on LinkedIn, Twitter, and YouTube to get daily updates.

See you soon!