Paxos Integrates USDG Payroll with Toku for Seamless Employee Transactions
Paxos, a regulated blockchain infrastructure provider, has partnered with Toku to enable employees to receive salaries in USDG—a dollar-backed stablecoin—directly through existing payroll systems like Workday and ADP. The integration bypasses traditional exchange hurdles, offering instant on-chain settlement and frictionless access to digital dollars.
The move taps into the $50 trillion annual payroll pipeline, positioning stablecoins as a natural extension of wage distribution. Employees gain direct exposure to USDG without intermediary conversions, reinforcing Paxos' push for institutional crypto adoption.