"By allowing employees to receive part of their salary directly into regulated, yield-bearing money-market funds, we're showing how real-world assets can move beyond investment products and become everyday financial infrastructure."
"This pilot shows how tokenization can bridge that gap and provide real utility by linking existing payroll processes with the ability to deliver shares of regulated money market funds through modern financial infrastructure."
Plume has initiated a payroll pilot enabling employees to receive a portion of their salary in a tokenized money market fund, specifically Wisdomtree's WTGXX fund. This innovative approach allows funds to generate returns immediately upon payment, contrasting with previous crypto payroll models that paid in stablecoins. The pilot aims to integrate payroll with investment, making financial assets part of everyday transactions. Key figures from Plume and Wisdomtree emphasize the potential of this model to transform payroll into a financial infrastructure that offers real utility.
Read at news.bitcoin.com
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