Miami Mayor Suarez to Take Next Paycheck in Bitcoin

Francis Suarez, who is up for re-election Tuesday, seemed ready to use Strike’s dollar-to-bitcoin conversion service.

Miami Mayor Francis Suarez

Miami Mayor Francis Suarez pledged Tuesday to take his next paycheck entirely in bitcoin.

  • In a tweet, the pro-crypto mayor positioned himself as one of the only U.S. political leaders taking their salary in bitcoin.
  • The mayor of the city of Miami earns a salary of $187,500, according to the Miami Herald.
  • Suarez, who is up for re-election Tuesday, appeared ready to use fintech Strike’s dollar-to-bitcoin conversion service.
  • His innovation deputy, Mike Sarasti, tweeted that he’d sent the mayor a Strike sign-up link after successfully cashing some of his most recent paycheck in bitcoin through the service.

Read more: MiamiCoin Going Mainstream ‘Faster Than Bitcoin,’ Mayor Suarez Says

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters:

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.