Paxos Launches Stablecoin Salary Option for Employees

Financial technology firm Paxos has partnered with Toku and integrated its payroll platforms ADP and Workday to offer a revolutionary new feature: the ability to receive part of employee salaries in USDG, a stablecoin pegged to the US dollar. This innovative approach utilizes Toku’s technology to provide immediate access to USDG directly to employee wallets. Unlike traditional paychecks, this integration offers instant settlement, empowering employees with greater control over their finances.