Key Takeaways:
- Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment pay arrives.
- Toku processes over $1 billion in annual token payroll volume across 100+ countries, with no lockup periods required.
- Paxos Labs and Toku plan to expand self-custodial yield access for workers in markets where custodial products face regulatory friction.
Stablecoin Workers Can Earn Yield via USDC Pay Through Paxos Labs and Toku Deal
The integration announcement, shared with Bitcoin.com News, connects Paxos Labs Amplify to Toku’s global employer-of-record and payroll services. Toku is the first payroll platform to go live on Amplify, which handles the yield infrastructure so platforms do not have to build or maintain it internally.
Stablecoin payroll has expanded steadily over the past several years. More than $33 trillion in stablecoin volume was processed in 2025 alone, and stablecoins now account for 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.
One limitation has followed the category. Workers who wanted yield on their stablecoin balances had to move funds off-platform, use separate accounts, and often hand over custody in the process. Between pay cycles, balances sat idle.
The Paxos Labs Amplify integration removes that step. Employees can now earn yield on their stablecoin balance inside the same wallet they already use through Toku. No additional accounts, no fund transfers, no lockup periods.
The feature supports USDC, USDT, and USDG. Employees can withdraw principal and any earned yield at any time. Participation is optional and does not affect how salaries are calculated or paid.
Toku wallets are self-custodial, powered by Privy. Employees hold their own keys throughout. No one at Paxos Labs, Toku, or any third party can access or move stablecoins without direct authorization from the employee.
Employers using ADP, Workday, UKG, or Gusto can enable the feature through Toku’s existing API connection without changing any workflow or adding vendors.
That design separates this integration from 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.
“ Stablecoin payroll already gives millions of workers access to dollar-denominated savings they couldn’t otherwise reach,” Bhau Kotecha, Co-founder of Paxos Labs remarked on Tuesday. The Paxos Labs executive added:
“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, said 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.
