{"id":168,"date":"2026-05-15T19:00:00","date_gmt":"2026-05-15T19:00:00","guid":{"rendered":"https:\/\/bulkpayments.3psmartltd.com\/blog\/?p=168"},"modified":"2026-05-12T13:57:43","modified_gmt":"2026-05-12T13:57:43","slug":"seven-myths-about-crypto-mass-payouts","status":"publish","type":"post","link":"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/","title":{"rendered":"Seven myths about crypto mass payouts"},"content":{"rendered":"\n<p>Currently, many companies use cryptocurrencies for mass payments, mainly due to the benefits of blockchain technology, such as greater speed and transparency in their financial operations. However, technological advancement is usually accompanied by a learning curve and a degree of misinformation, which can generate myths in the sector. Below, we will explore the main myths related to <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/ten-advantages-of-mass-payouts-in-crypto\/\" target=\"_blank\" rel=\"noopener\" title=\"\">crypto mass payouts<\/a><\/strong>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Extreme_volatility\" >Extreme volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Using_cryptocurrencies_implies_operating_outside_the_regulatory_framework\" >Using cryptocurrencies implies operating outside the regulatory framework<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Complex_technical_implementation\" >Complex technical implementation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Blockchain_does_not_allow_for_accounting_traceability\" >Blockchain does not allow for accounting traceability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Higher_commissions_than_the_traditional_banking_system\" >Higher commissions than the traditional banking system<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Only_for_tech_industries\" >Only for tech industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/#Assets_with_ambiguous_tax_treatment\" >Assets with ambiguous tax treatment<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Extreme_volatility\"><\/span>Extreme volatility<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many companies believe that any cryptocurrency transaction is subject to the daily fluctuations of speculative assets (such as Bitcoin or Ethereum), making it too risky for a steady flow of payments. However, the truth is that this infrastructure allows for significantly minimizing this risk through the <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/stablecoin-batch-payments-points-to-consider-for-choosing-a-provider\/\" target=\"_blank\" rel=\"noopener\" title=\"\">use of stablecoins<\/a><\/strong>, which are cryptocurrencies designed to maintain a stable parity (1 to 1) with fiat currencies such as the US dollar or the Euro, allowing users to access blockchain efficiency without being exposed to crypto market volatility.<\/p>\n\n\n\n<p>For example, companies can make weekly payments to international suppliers using stablecoins pegged to the US dollar (such as <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/bulk-payments-in-usdc-vs-bulk-payments-in-usdt-main-advantages-and-disadvantages\/\" target=\"_blank\" rel=\"noopener\" title=\"\">USDC or USDT<\/a><\/strong>), ensuring beneficiaries receive the exact agreed amount regardless of price fluctuations in other crypto assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Using_cryptocurrencies_implies_operating_outside_the_regulatory_framework\"><\/span>Using cryptocurrencies implies operating outside the regulatory framework<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some companies and businesses think that blockchain transfers are 100% anonymous and, furthermore, operate outside the supervision of regulated financial entities. However, the truth is that specialized provider platforms (such as <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Smart Bulk Payments<\/a><\/strong>) are designed with integrated compliance protocols; therefore, all transactions require robust mechanisms such as Know Your Customer (KYC) and Anti-Money Laundering (AML), ensuring that operations are legal and transparent.<\/p>\n\n\n\n<p>For example, mass payment platforms generally validate the corporate identity of each user or counterparty, especially before processing funds, thereby generating an auditable record that meets local regulatory requirements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Complex_technical_implementation\"><\/span>Complex technical implementation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many companies believe that performing crypto mass payouts requires a team of engineers or developers specialized in smart contracts or blockchain infrastructure\/technology management. However, the truth is that modern payment platforms stand out for offering solutions that integrate with existing accounting and ERP systems through intuitive interfaces and simple <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/group-payments-importance-of-choosing-a-provider-with-an-api-rest-designed-for-global-scale\/\" target=\"_blank\" rel=\"noopener\" title=\"\">APIs<\/a><\/strong>, without requiring the end-user to have a deep understanding of technical development, software, or blockchain technology.<\/p>\n\n\n\n<p>For example, an accounting analyst or a financial director can automate payments to 100 global collaborators through an intuitive web interface, as simply as making a transfer in their traditional online banking, without the need to hire a team dedicated exclusively to performing said operation or managing the blockchain infrastructure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Blockchain_does_not_allow_for_accounting_traceability\"><\/span>Blockchain does not allow for accounting traceability<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some companies believe that crypto payments, associated with blockchain technology and anonymous transactions, do not allow for &#8220;clear&#8221; accounting traceability for tax audits. However, the truth is that traceability is one of the most prominent (and least understood) features of blockchain technology, as it enables each transaction to be recorded in an immutable ledger, providing an audit trail &#8220;superior&#8221; to traditional banking systems.<\/p>\n\n\n\n<p>For example, companies undergoing an audit that use the crypto mass payouts system can present transaction records as proof of the sending and receiving of funds, with exact and unalterable timestamps.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-content\/uploads\/2026\/05\/Seven-myths-about-crypto-mass-payouts-1024x559.png\" alt=\"Seven myths about crypto mass payouts\" class=\"wp-image-169\" style=\"width:500px\" srcset=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-content\/uploads\/2026\/05\/Seven-myths-about-crypto-mass-payouts-1024x559.png 1024w, https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-content\/uploads\/2026\/05\/Seven-myths-about-crypto-mass-payouts-300x164.png 300w, https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-content\/uploads\/2026\/05\/Seven-myths-about-crypto-mass-payouts-768x419.png 768w, https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-content\/uploads\/2026\/05\/Seven-myths-about-crypto-mass-payouts.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Higher_commissions_than_the_traditional_banking_system\"><\/span>Higher commissions than the traditional banking system<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many companies believe that the cost per transaction in cryptocurrencies is higher than in the traditional banking system, especially due to &#8220;gas fees&#8221; and the complexity of multiple intermediaries. However, the truth is that by eliminating intermediary banks and hidden currency conversion margins (which are inherent to the traditional banking system), crypto mass payments are usually significantly cheaper, especially in high-volume cross-border transfers.<\/p>\n\n\n\n<p>For example, with crypto mass payouts, a company can process hundreds of international payments simultaneously and eliminate the multiple intermediary commissions banks usually charge, thereby optimizing its profit margins and execution times.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Only_for_tech_industries\"><\/span>Only for tech industries<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some companies believe that crypto mass payouts are exclusive to tech industries, such as Fintech, <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/online-gaming\/\" target=\"_blank\" rel=\"noopener\" title=\"\">online gaming<\/a><\/strong>, <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/service-marketplaces\/\" target=\"_blank\" rel=\"noopener\" title=\"\">marketplaces<\/a><\/strong>, or Web 3.0, and that they have no practical application in traditional industrial sectors, such as manufacturing, logistics, or supply chain settlement. However, the truth is that any industry that depends on constant cross-border flows, payments to international contractors, or supply settlement can benefit from this tool, as <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">crypto mass-payment<\/a><\/strong> technology (blockchain) simply offers the best way to move resources transparently and without geographical friction.<\/p>\n\n\n\n<p>For example, a logistics company or a <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/global-cryptocurrency-payments-for-delivery-apps-tips-for-choosing-a-provider\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Delivery App<\/a><\/strong> that processes thousands of daily payments to carriers across different countries can drastically reduce settlement times by using stablecoins, while also optimizing its supply chain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Assets_with_ambiguous_tax_treatment\"><\/span>Assets with ambiguous tax treatment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some companies avoid using cryptocurrencies because they believe that tax legislation (on digital assets) is too difficult to integrate into their current balance sheets. However, modern, specialized platforms (such as Smart Bulk Payments) are designed to generate transactional reports &#8220;ready&#8221; for processing by major enterprise accounting systems (such as SAP, Oracle, among others).<\/p>\n\n\n\n<p>For example, when a company executes a mass payment, the system automatically generates a compliance report that reflects the base currency reported by the client. In this way, the accounting team&#8217;s work is simplified, and tax compliance is ensured without manual intervention.<\/p>\n\n\n\n<p><strong><em>What do you think about this topic? Do you want to know more about the financial solutions offered by Smart Bulk Payments?<\/em><\/strong><\/p>\n\n\n\n<p>If you are interested in the <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">crypto mass payouts service<\/a><\/strong>, you can contact us by visiting the <strong><a href=\"https:\/\/bulkpayments.3psmartltd.com\/contact-us\/\" target=\"_blank\" rel=\"noopener\" title=\"\">following link<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currently, many companies use cryptocurrencies for mass payments, mainly due to the benefits of blockchain technology, such as greater speed and transparency in their financial operations. However, technological advancement is usually accompanied by a learning curve and a degree of misinformation, which can generate myths in the sector. Below, we will explore the main myths &#8230; <a title=\"Seven myths about crypto mass payouts\" class=\"read-more\" href=\"https:\/\/bulkpayments.3psmartltd.com\/blog\/seven-myths-about-crypto-mass-payouts\/\" aria-label=\"Read more about Seven myths about crypto mass payouts\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,16],"tags":[],"class_list":["post-168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulk-payments","category-cryptocurrencies"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/posts\/168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/comments?post=168"}],"version-history":[{"count":1,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/posts\/168\/revisions"}],"predecessor-version":[{"id":170,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/posts\/168\/revisions\/170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/media\/169"}],"wp:attachment":[{"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/media?parent=168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/categories?post=168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulkpayments.3psmartltd.com\/blog\/wp-json\/wp\/v2\/tags?post=168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}