"Paxos Labs Amplify integrates with Toku, allowing employees to earn yield on USDC, USDT, and USDG as soon as their pay arrives, without losing custody of their funds."
"Toku processes over $1 billion in annual token payroll volume across more than 100 countries, providing a practical solution for workers in regions with unstable local currencies."
"The integration of Paxos Labs Amplify with Toku's payroll services means employees can earn yield on their stablecoin balances directly within the same wallet they already use."
Paxos Labs has integrated its Amplify yield service with Toku's payroll platform, enabling employees in over 100 countries to earn yield on their stablecoin payments immediately. Toku processes over $1 billion in annual payroll volume and eliminates the need for workers to transfer funds or give up custody to earn yield. This integration addresses the challenge of idle balances between pay cycles and aims to expand yield access in markets facing regulatory challenges for custodial products.
Read at news.bitcoin.com
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