VERIFIEDBy Xavier Rivera· ·1 min read
Paxos-Toku integration yields on stablecoin payrolls
Paxos Labs integrates Amplify with Toku to let workers earn yield on stablecoin salaries in Toku wallets without moving funds. The update tackles idle payroll funds for Toku's $1B+ annual network spanning 100+ countries.
Source:CoinTelegraph
TL;DRAI · 60 sec read
Paxos Labs integrates its Amplify platform with Toku, enabling employees to earn yield on stablecoin-paid salaries without moving funds or relinquishing custody.
The feature targets balances in Toku wallets, where users opt in to earn on USDC, USDT, and USDG with no lockups or withdrawal delays. Toku's payroll network processes more than $1 billion annually across over 100 countries and connects with ADP, Workday, Gusto, and UKG.
This addresses stablecoin payrolls' idle funds between cycles, embedding yield directly without external platforms or transfers. The companies do not disclose yield generation methods or expected rates.
Toku offers stablecoin payroll via API for seamless employer integration. Paxos Labs' Amplify provides yield and borrowing services through one connection. Paxos, based in New York, delivers regulated digital asset services including stablecoins, custody, and settlement.
The feature targets balances in Toku wallets, where users opt in to earn on USDC, USDT, and USDG with no lockups or withdrawal delays. Toku's payroll network processes more than $1 billion annually across over 100 countries and connects with ADP, Workday, Gusto, and UKG.
This addresses stablecoin payrolls' idle funds between cycles, embedding yield directly without external platforms or transfers. The companies do not disclose yield generation methods or expected rates.
Toku offers stablecoin payroll via API for seamless employer integration. Paxos Labs' Amplify provides yield and borrowing services through one connection. Paxos, based in New York, delivers regulated digital asset services including stablecoins, custody, and settlement.
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