Toku and Mesh Join Forces to Launch the First End-to-End Stablecoin Payroll Rail

San Francisco, CA – Toku, the global leader in compliant stablecoin compensation, today announced a strategic partnership with Mesh, the first global crypto payments network, to simplify how companies fund and distribute salaries in stablecoins.

Under the partnership, Toku’s payroll engine will integrate Mesh Deposit and Mesh Pay, unlocking a seamless, two-step flow:

1. Instant Funding with Mesh Deposit – Employers can pull USDG, PYUSD, USDC, RLUSD or other supported assets from more than 300 exchanges and wallets (including Coinbase, Binance, and MetaMask) in a single click, eliminating the wire transfers and treasury hops that typically add days and up to 6-7 % in cross-border fees.
   
   
2. One-tap Payouts with Mesh Pay – Toku remits net pay to each worker’s wallet of choice. Payments settle in seconds, and Mesh’s SmartFunding layer automatically converts volatile assets into the employee’s preferred stablecoin at checkout, so neither party worries about price swings. 

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Ken O’Friel, CEO & Co-founder, Toku:
“Payroll is still the most expensive, friction-filled wire you send every month. By embedding Mesh’s connectivity into our compliance stack, any company can now close a payroll cycle in minutes, not days, while staying fully compliant in the 100+ jurisdictions Toku already covers.”

Bam Azizi, CEO & Co-founder, Mesh:
“Stablecoins settled over $27 trillion last year – more than Visa and Mastercard combined – yet workers still wait on outdated payment rails. Together with Toku, we’re translating that momentum into faster, fairer paydays for millions, unlocking real economic value for workers everywhere.

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Why This Matters

• Faster payroll closes: Settlement 24/7/365 instead of bank-cut-off windows.
  Lower costs: Fraction-of-a-cent network fees replace correspondent-bank mark-ups.
• Global reach: Mesh’s network already touches 400 million users in 100+ countries, while Toku automates tax and labor-law compliance in each market. 
• Employee choice: Workers can cash out instantly or hold earnings in USD-pegged assets that protect value in high-inflation regions.

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Availability

The integrated solution enters private beta this month with a cohort of crypto-native enterprises and will roll out to all Toku customers in July/August 2025. Interested employers can join the wait-list at toku.com/mesh-payroll.

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About Toku
Toku is the leading platform for compliant token compensation and global employment, trusted by pioneering teams to manage token or stablecoin payroll, taxes, and benefits in 100+ jurisdictions.

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About Mesh

Founded in 2020, Mesh is building the first global crypto payments network, connecting hundreds of exchanges, wallets, and payment service providers (PSPs) to enable seamless crypto payments and stablecoin conversions. By unifying these platforms into a single network, Mesh is pioneering an open, connected, and secure payments ecosystem. For more information, visit https://www.meshconnect.com/.

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Press contact:
press@toku.com | press@meshconnect.com

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