Paxos to allow employees to be paid in USDG

Paxos is set to introduce a new payment option for employees, allowing them to receive part of their salaries in USDG, thanks to a recent integration with Toku. This integration utilizes existing payroll platforms like ADP and Workday, enabling direct payment of the stablecoin into employees' wallets. Unlike traditional paychecks, payments in USDG will be settled immediately. According to Paxos, this move exemplifies a direct way for users to access USDG in their daily lives, making it more accessible for employees worldwide. Toku CEO Ken O’Friel emphasized that this development allows employees to receive salaries directly where they choose, rather than being confined to traditional checking accounts. He anticipates that more companies, including traditional institutions, will adopt similar options in the future as they look to modernize payroll systems. A recent survey indicated that stablecoins like USDC and USDT are among the top choices for crypto salaries, highlighting a growing trend in payroll solutions within the industry.

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