Paxos Labs has integrated its Amplify platform with Toku to let employees earn yield on stablecoin salaries as soon as they are paid, without moving funds off-platform or giving up custody.
The feature applies to balances held in Toku wallets, allowing users to opt in and earn yield on USDC (USDC), USDt (USDT) and USDG (USDG) with no lockups or withdrawal delays. The rollout extends across Toku’s payroll network, which it said processes more than $1 billion annually for workers in over 100 countries and integrates with systems including ADP, Workday, Gusto and UKG.
The update addresses a limitation of stablecoin payrolls, where funds typically sit idle between pay cycles. Embedding yield directly into balances allows users to earn on their salaries without using external platforms or transferring assets out of their wallets.
The companies did not disclose how the yield is generated or what rates users can expect.
Toku provides stablecoin payroll infrastructure through an API that connects to existing systems, enabling employers to offer crypto-denominated salaries without changing payroll workflows.
The feature operates on Paxos Labs’ Amplify platform, which lets companies integrate services such as yield and borrowing through a single connection.
Toku is a stablecoin payroll and employer-of-record platform, while Paxos Labs is a financial utility stack for digital assets incubated within Paxos.
Related: MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe
Stablecoin payroll adoption accelerates globally
Stablecoin payroll adoption has been gaining traction as more workers use dollar-pegged tokens for income and everyday spending.
A February survey commissioned by BVNK and conducted by YouGov found that 39% of crypto users and prospective users across 15 countries receive income in stablecoins, while 27% use them for payments, citing lower fees and faster cross-border transfers.
The survey of 4,658 respondents also found that users hold about $200 in stablecoins on average globally, increasing to around $1,000 in higher-income markets. Those paid in stablecoins said the assets account for roughly 35% of their annual income, while reporting about 40% savings on cross-border transfers compared with traditional remittance methods.
Also in February, global payroll platform Deel said it would roll out stablecoin salary payments through a partnership with MoonPay, starting with workers in the UK and European Union before expanding to the United States. The feature allows employees to receive part or all of their wages in stablecoins directly to non-custodial wallets, with MoonPay handling conversion and onchain settlement.
Deel, which claims to process about $22 billion in annual payroll, said the integration adds crypto settlement rails to its existing infrastructure while maintaining its payroll and compliance systems.
The total stablecoin market cap has grown from about $259 billion in July 2025, around the time the GENIUS Act was passed, to roughly $320 billion, according to DefiLlama data.
Total stablecoin market cap. Source: DeFiLlama
