Toku taps Paxos Amplify for stablecoin yield

Stablecoin payroll firm Toku has integrated Paxos Labs' Amplify to provide yield on employee paychecks. This partnership aims to offer a new financial benefit for workers by allowing their earned wages to generate returns. The integration leverages Paxos's technology to facilitate these yield-bearing stablecoin payments, potentially enhancing the value proposition for both employers and employees in the digital payroll space. This move signifies an evolving approach to payroll services, incorporating DeFi-like features directly into salary distribution.