Paxos will support employees receiving part of their salary in the form of the stablecoin USDG
Foresight News reported, according to Blockworks, that Paxos has partnered with Toku to launch a feature allowing employees to receive part of their salary in the form of the stablecoin USDG. This integration will use the same payroll platforms, ADP and Workday, but will support employees in directly receiving USDG into their personal wallets. For employees who choose to receive their salary in USDG, unlike traditional payroll checks, settlement will be completed instantly. There is no need to wait to receive the stablecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether launches AI health platform QVAC Health, supporting data privacy and local AI operations
Aster cancels stock perpetual contract fees
TenX Protocols to be listed on TSX Venture Exchange, raising over 33 million Canadian dollars
Stable partners with African payment app Chipper Cash to support cross-border stablecoin payments
