Paxos, Toku Add Yield to Stablecoin Payroll Balances
Cointelegraph
Paxos and Toku have partnered to allow employees to earn yield on stablecoin salaries directly within their payroll wallets.Summary
Paxos Labs has integrated its Amplify platform with Toku, enabling employees to earn yield on stablecoin salaries (USDC, USDT, and USDG) without moving funds or facing lockups. This feature addresses the issue of idle payroll funds by allowing earnings to accrue automatically. Toku, which processes over $1 billion in annual payroll globally, integrates with major HR systems like ADP and Workday to facilitate these crypto-denominated payments, reflecting a broader trend of increasing stablecoin adoption for wages and international remittances.
(Source：Cointelegraph)