Paxos Labs has integrated its yield infrastructure, Amplify, with Toku's global stablecoin payroll platform, enabling employees in over 100 countries to automatically earn yield on their salaries the moment they are paid — all while maintaining full self-custody of their funds. The move addresses a longstanding limitation in the stablecoin payroll sector, where workers previously had to move funds off-platform and relinquish control to earn any return.
How It Works: Wallet-Level Yield Without Custody Switch
Toku is the first payroll platform to go live on Amplify, which handles all yield generation infrastructure so that platforms do not need to build or maintain it internally. The feature supports USDC, USDT, and USDG. Employees hold their own private keys through Toku's self-custodial wallets powered by Privy. No one — not Paxos Labs, Toku, or any third party — can access or move stablecoins without explicit authorization from the employee.
Workers can withdraw both their principal and any earned yield at any time, with no lockup periods. Participation is optional and does not affect how salaries are calculated or disbursed. Employers using ADP, Workday, UKG, or Gusto can enable the feature through Toku's existing API connection without changing any workflow or adding vendors.
This design sharply contrasts with other platforms that have added yield to payroll balances by taking custody of user funds. On those platforms, the paycheck moves into a third-party wallet and becomes subject to that platform's withdrawal policies. Toku keeps the employee in control throughout.
Market Context: Stablecoin Payroll's Growth and the Missing Yield Layer
Stablecoin payroll has expanded rapidly in recent years. In 2025 alone, stablecoins processed over $33 trillion in on-chain volume, and they now represent more than 90% of digital asset compensation payouts. For workers in countries where local currencies lose purchasing power year over year, dollar-denominated stablecoin pay has become a practical way to preserve savings. Yet until now, those balances sat idle between pay cycles if workers wanted to keep their money self-custodied.
“Stablecoin payroll already gives millions of workers access to dollar-denominated savings they couldn’t otherwise reach,” said Bhau Kotecha, Co-founder of Paxos Labs. “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.”
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 said.
Scale and Future Plans
Toku processes over $1 billion in annual token payroll volume across more than 100 countries. The integration with Amplify is expected to further accelerate adoption by removing a key friction point. Paxos Labs and Toku plan to expand self-custodial yield access to workers in markets where custodial products face regulatory friction, aiming to bring the benefit to even more jurisdictions. The partnership also signals a broader trend: yield infrastructure is increasingly being embedded directly into payment rails, rather than offered as a separate product requiring user action.
As stablecoins continue to permeate global payroll systems, the ability to earn yield without sacrificing self-custody could become a standard feature for digital asset compensation. Paxos Labs Amplify and Toku are positioning themselves at the forefront of this shift, proving that productivity and control need not be mutually exclusive.