Paxos Labs has embedded its yield infrastructure, Amplify, directly into Toku's global payroll platform, allowing employees in more than 100 countries to earn yield on their stablecoin wages the moment they arrive—without giving up custody of their funds. This integration marks a significant advancement in the stablecoin payroll sector, transitioning paychecks from idle balances into productive assets.
Integration Details: Instant Yield, No Lock-Ups
The announcement, shared with Bitcoin.com News, connects Paxos Labs Amplify to Toku's employer-of-record and payroll services. Toku is the first payroll platform to go live on Amplify, handling over $1 billion in annual token payroll volume. Workers can now earn yield on USDC, USDT, and USDG balances within the same self-custodial wallet used for salary, without needing additional accounts, transfers, or lock-up periods. Participation is optional and does not affect salary calculations or disbursement methods.
Self-Custodial Design Preserves User Control
Unlike other platforms that take custody of user funds to offer yield on payroll balances, Toku wallets are self-custodial, powered by Privy. Employees hold their own private keys throughout. No entity—including Paxos Labs, Toku, or any third party—can access or move funds without direct authorization from the employee. Employers using ADP, Workday, UKG, or Gusto can enable the feature through Toku’s existing API without changing any workflow or adding vendors. This design addresses the pain point where paychecks transferred to third-party wallets become subject to withdrawal policies; Toku ensures employees remain in full control.
Industry Context: Surge in Stablecoin Payroll and Yield Demand
Stablecoin-based payroll has expanded rapidly in recent years. In 2025 alone, stablecoins processed over $33 trillion in on-chain volume, and stablecoins now account for more than 90% of digital asset compensation payouts. For workers in countries where local currencies lose purchasing power year after year, dollar-denominated stablecoin pay has become a practical way to preserve savings. However, workers previously had to move funds off-platform or surrender custody to earn yield, leaving balances idle between pay cycles. Bhau Kotecha, Co-founder of Paxos Labs, stated: “Stablecoin payroll already gives millions of workers access to dollar-denominated savings they couldn’t otherwise reach. Amplify closes that gap for Toku’s entire workforce. Every paycheck is now a productive paycheck, and it happens without asking anyone to give up control of their own funds.”
Executive Perspectives and Future Plans
Ken O’Friel, CEO of Toku, noted that customers have consistently asked for both the speed of stablecoin payroll and the ability to put their pay to work. “Partnering with Paxos Labs Amplify lets us deliver both inside the same experience, with the same self-custodial wallet, and without adding a single step for the employer,” O’Friel detailed. The two companies plan to further expand self-custodial yield access for workers in markets where custodial products face regulatory friction, aiming to democratize yield generation without intermediaries.