Paxos Introduces Stablecoin Salary Option for Employees

According to PANews, Paxos has announced a new feature allowing employees to receive part of their salary in the form of the stablecoin USDG, following an integration partnership with Toku. This integration utilizes existing payroll platforms ADP and Workday, enabling employees to directly receive USDG in their personal wallets. Unlike traditional payroll checks, the settlement for those opting for USDG is immediate, allowing instant access to the stablecoin. Paxos highlighted in a press release that by adopting USDG for payroll, they offer their team the most direct way to engage with and experience USDG in daily life. As more companies integrate Toku's payroll channels, thousands of employees worldwide will have the opportunity to receive USDG directly at the source of their income.