The integration links token-based payroll with regulated cash-out rails, giving Filipino workers a way to receive stablecoin wages and convert them instantly to pesos. PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins.According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with PDAX’s regulated cash-out rails, enabling companies to send stablecoin wages through their usual payroll flows and allowing workers to convert earnings to pesos without incurring wire fees or delays.Toku routes payments directly to PDAX wallets or external addresses for real-time, onchain settlement. Workers can then cash out to nearly any Philippine bank or e-wallet, including GCash and GrabPay, while employers have the option to fund payroll in either PHP or stablecoins such as (USDC), (USDG) or (RLUSD).Read more The integration links token-based payroll with regulated cash-out rails, giving Filipino workers a way to receive stablecoin wages and convert them instantly to pesos. PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins.According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with PDAX’s regulated cash-out rails, enabling companies to send stablecoin wages through their usual payroll flows and allowing workers to convert earnings to pesos without incurring wire fees or delays.Toku routes payments directly to PDAX wallets or external addresses for real-time, onchain settlement. Workers can then cash out to nearly any Philippine bank or e-wallet, including GCash and GrabPay, while employers have the option to fund payroll in either PHP or stablecoins such as (USDC), (USDG) or (RLUSD).Read more
New Toku–PDAX partnership lets Filipino workers receive pay in stablecoins
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The integration links token-based payroll with regulated cash-out rails, giving Filipino workers a way to receive stablecoin wages and convert them instantly to pesos.
PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins.
According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with PDAX’s regulated cash-out rails, enabling companies to send stablecoin wages through their usual payroll flows and allowing workers to convert earnings to pesos without incurring wire fees or delays.
Toku routes payments directly to PDAX wallets or external addresses for real-time, onchain settlement. Workers can then cash out to nearly any Philippine bank or e-wallet, including GCash and GrabPay, while employers have the option to fund payroll in either PHP or stablecoins such as (USDC), (USDG) or (RLUSD).
Read more
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