When you pay contractors in Canada, you often juggle bank transfers, currency conversions, and manual reconciliation across separate tools. Hanko puts proposals, agreements, invoices, a client portal, and payouts in one workspace, so contractors can be paid by card, ACH or bank wire, or in stablecoins like USDC. Every payment is tracked in a single dashboard and marked paid only when it clears.
Two ways to pay: fiat rails or stablecoins
Hanko lets each Canadian contractor be paid the way that suits them. You can settle in traditional fiat or in stablecoins on chains like Base, Ethereum, Polygon, Solana, Arbitrum, and Optimism, using tokens such as USDC, USDT, and DAI. Contractors never need a crypto wallet to get paid, because card and bank options are always available.
- Fiat: card, ACH, and SEPA-style bank wire
- Stablecoins: USDC, USDT, DAI (plus ETH, SOL, BTC where relevant)
- Recipients without a wallet can still pay or be paid by card or bank
On-chain confirmation, not screenshots
A Hanko invoice is marked paid only when the blockchain confirms the transaction. That removes the "I already sent it" back-and-forth and gives both sides a verifiable record. Every recipient receives an email receipt that includes a block explorer link they can check independently.
- No manual matching of screenshots to invoices
- Explorer link on every receipt for a shared source of truth
- Clear paid/unpaid status across all contractors
Batch payouts for a whole contractor roster
If you pay several Canadian contractors on the same cycle, Hanko can send mass payouts in a single, gas-efficient transaction rather than one transfer at a time. You can clone a previous payout run or a template so recurring cycles take minutes instead of rebuilding the list each time. Each contractor still gets an individual receipt with their own explorer link.
- One transaction for the full batch keeps network fees low
- Clone past runs and templates for recurring pay cycles
- Individual receipts for every recipient
Off-ramp to a bank account when you need CAD
Contractors who prefer to hold value in dollars can off-ramp stablecoins to a bank account from the same screen, without moving to a separate exchange or app. This keeps the flow simple whether a contractor wants to keep USDC or convert to local currency. Because everything runs through one workspace, your payment history and receipts stay in one place.
- Convert stablecoins to bank funds without leaving Hanko
- Useful for contractors who want to settle in dollars
- One dashboard reconciles fiat and crypto together
The full client workflow around each payment
Paying contractors is rarely just the transfer. Hanko wraps the payment in the surrounding paperwork: branded proposals, e-signed agreements, and clean invoices, plus a private portal where each contractor can see their documents and payment status. That means the scope, the signed terms, and the payout all live together instead of being scattered across email and spreadsheets.
- Branded proposals and e-signed agreements
- A private portal for every contractor
- Invoices, documents, and payment status in one view
Frequently asked questions
How can I pay contractors in Canada with Hanko?
You send the contractor an invoice from Hanko, and they choose how to pay or be paid: card, ACH, or bank wire in fiat, or a stablecoin like USDC on a supported chain. The invoice is marked paid once the payment clears, and both sides get a record in the dashboard.
Do Canadian contractors need a crypto wallet?
No. A wallet is optional. Contractors can always be paid by card or bank transfer, so stablecoins are an added option rather than a requirement. Those who do use crypto get an email receipt with a block explorer link.
Can contractors convert stablecoins to Canadian dollars?
Yes. Stablecoins received in Hanko can be off-ramped to a bank account from the same screen, so a contractor who wants dollars does not need a separate exchange to convert their payment.
Can I pay multiple contractors at once?
Yes. Hanko supports batch payouts that go out in a single, gas-efficient transaction. You can clone a previous run or a template for recurring cycles, and each contractor still receives their own receipt with an explorer link.
How do I know a contractor was actually paid?
A Hanko invoice is marked paid only when the blockchain confirms the transaction, or when the fiat payment clears. There is no reliance on screenshots, and every recipient gets a receipt linking to the on-chain record.
What about taxes and compliance for Canadian contractors?
Contractors are generally responsible for their own tax reporting, including GST/HST where it applies. Hanko keeps a clear record of invoices, agreements, and payments to support your bookkeeping, but you should confirm your obligations with a qualified tax or legal advisor.