Home Stablecoin Payroll Gets Built-in Yield With Paxos Labs-Toku Integration

Stablecoin Payroll Gets Built-in Yield With Paxos Labs-Toku Integration

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Stablecoin Payroll Gets Built-in Yield With Paxos Labs-Toku Integration
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Paxos Labs has integrated its Amplify platform with Toku to let employees earn yield on stablecoin salaries as soon as they are paid, without moving funds off-platform or giving up custody.

The feature applies to balances held in Toku wallets, allowing users to opt in and earn yield on USDC, USDT and USDG with no lockups or withdrawal delays.

The rollout extends across Toku’s payroll network, which it said processes more than $1 billion annually for workers in over 100 countries and integrates with systems including ADP, Workday, Gusto and UKG.

The companies did not disclose how the yield is generated or what rates users can expect.

Toku is a stablecoin payroll and employer-of-record platform, while Paxos Labs is a financial utility stack for digital assets incubated within Paxos.

Stablecoin Payroll Gets Built-in Yield With Paxos Labs-Toku Integration

Stablecoin Payroll Gets Built-in Yield With Paxos Labs-Toku Integration

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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