Pebl handles traditional global EOR. Toku handles what happens when your team needs stablecoin payroll.

Pebl (formerly Velocity Global) has been running global EOR and fiat payroll in 185+ countries since 2014. It does that well. What it cannot do is stablecoin payroll, token compensation, or on-chain settlement. If your team pays in digital assets or is embedded in a Web3 economy, that gap matters.

Toku

Global stablecoin payroll and EOR with on-chain settlement

Stablecoin settlement on Polygon, Sei, Ethereum, Solana etc., token grant management, EOR in 100+ countries, and direct integration with existing HRIS platforms — including Pebl — so your traditional EOR workflows remain intact

PEBL

AI-first global EOR and fiat payroll in 185+ countries

Traditional global EOR, multi-country fiat payroll, immigration and visa support, contractor management, and an AI compliance assistant (Alfie). No stablecoin payroll, no on-chain settlement, and no token compensation capability

What Toku adds to Pebl

The stablecoin and token layer Pebl does not have

Pebl runs traditional global EOR and fiat payroll. Toku handles what comes next: stablecoin compensation, on-chain settlement, and token grants. The two platforms connect, so your Pebl setup stays intact.

Stablecoin payroll in USDC, USDT, USDG, PYUSD, and fiat

Pay global employees in stablecoins or fiat, or split between the two per worker. Tax withholding, compliant payslips, and reporting included in every cycle. Pebl handles none of this.

Instant on-chain settlement via token networks

Pebl uses a payroll aggregator model with traditional bank rails. Toku settles on-chain in minutes. No correspondent bank markups, no cut-off windows, no 3–5 day wait for international transfers.

Private stablecoin payroll via Aleo and Paxos Labs

Salary data stays off public ledgers. Transactions are confidential on-chain — addressing the privacy concern that stops most finance teams from moving to stablecoin payroll.

Token grants, vesting schedules, and TGE management

Pebl has no token compensation capability. Toku handles grant agreements, vesting cliffs, automated distributions, and jurisdiction-aware tax reporting alongside regular payroll.

Banking access

Stablecoin pay direct to UR accounts with Mastercard spend

International employees can receive stablecoin pay into a UR account, integrate into any wallet in any neobank and spend via Mastercard anywhere. They can also transfer via SEPA or SWIFT, or convert to local fiat on demand.

Sub-cent on-chain fees vs Pebl's 4% FX markup

Pebl's FX markup is reported at 4% — double the typical 2% industry rate. For a team earning $10,000/month that is $400 per person in overhead. Toku's on-chain settlement eliminates this category of cost entirely.

Where Pebl ends and where Toku begins

Pebl is purpose-built for traditional global EOR and fiat payroll. The moment your team adds digital asset compensation or needs on-chain settlement, you are in territory Pebl does not cover.

Stablecoin payroll that runs today

Toku was built around on-chain settlement. USDC, USDT, USDG, and PYUSD settle in minutes on networks like Ethereum, Polygon, Solana etc. Private stablecoin payroll, via Aleo and Paxos Labs using zero-knowledge technology, keeps salary data off public ledgers entirely. This is not a roadmap item. It is in production and available to Toku customers now — the same day you connect your existing EOR stack.

Own infrastructure; no aggregator markup

Toku operates its own EOR infrastructure across 100+ countries. Stablecoin payments settle directly on-chain — no correspondent banks, no FX intermediaries, no aggregator layers adding markup. For international workers, this means pay arrives in full, in minutes, without a 4% cut disappearing in the middle of the transfer.

Token compensation runs alongside salary

For companies paying teams in a combination of salary and token grants, Toku manages both in one place. Vesting schedules, TGE distributions, and automated tax reporting per jurisdiction run alongside regular payroll. There is no separate tool to reconcile with and no manual process to maintain each cliff date.

No stablecoin payroll as of Q1 2026

Pebl's 2025 rebrand introduced an AI compliance assistant and faster onboarding. Stablecoins and on-chain settlement are not part of that story. Pebl's blog discusses crypto payroll as an industry topic — advising employers on how to pay in crypto — but Pebl itself operates entirely on fiat rails. There is no stablecoin product, no on-chain settlement, and no published roadmap for either.

Aggregator model with a reported 4% FX markup

Pebl is a payroll aggregator — it partners with local payroll providers around the world and centralizes those payments for the client. Independent analysis of Pebl's pricing has noted a reported 4% FX markup on international payments, double the 2% typical of other EOR providers. For a team member earning $10,000 per month, that is $400 per month in FX overhead that Toku's on-chain settlement avoids entirely.

Genuine depth in global compliance and immigration

Pebl (formerly Velocity Global) has over a decade of EOR compliance expertise. Their AI assistant Alfie answers complex HR questions in 50+ languages. Immigration, visa support, and global mobility services are available through one provider. For companies that need enterprise-grade EOR compliance and hands-on immigration help across 185+ countries, Pebl has earned its reputation — and those strengths remain complementary to what Toku does.

Toku vs Pebl: a side-by-side breakdown

Based on publicly available product information as of Q1 2026.

Capability	Toku	Pebl
Stablecoin and Crypto Payments
Stablecoin payroll (USDC, USDT, USDG)	Core product, production-ready	No stablecoin payroll as of Q1 2026
On-chain settlement networks	Polygon, Ethereum, Solana, Sei and many others	Not applicable; fiat bank rails only
Private stablecoin payroll (confidential on-chain)	Via Aleo and Paxos Labs	Not available
Stablecoin pay connected to banking and spend card	Via UR Mastercard integration	Not available
Token and equity grant management	Vesting, grants, TGE, reporting	Not available
EOR and Global Payroll Infrastructure
Global EOR coverage	100+ countries, Toku-owned infrastructure	185+ countries; aggregator model with local partners
Payroll infrastructure model	Own infrastructure; on-chain + fiat	Payroll aggregator; relies on third-party local providers
International contractor management	Supported alongside employee payroll	Agent of Record (AOR) service available
Tax withholding and compliant payslips	All payroll jurisdictions	Fiat payroll in covered jurisdictions
Immigration and visa support	Not a core offering	Available as add-on; core Pebl strength
AI-powered compliance assistant	Not a current feature	Alfie AI assistant; 50+ language compliance answers
FX markup on international payments	Sub-cent on-chain fees for stablecoin payroll	Reported 4% FX markup — double industry average
Onboarding speed	Named implementation lead per customer	48-hour onboarding capability; varies by country
HRIS and payroll integrations	Connects to Pebl, ADP, Workday, Paychex, SAP	Application Connector Framework; major HRIS supported
Pricing transparency	Discussed directly with Toku team	From ~$399/employee/month; true cost often higher after add-ons
SOC 2 certification	SOC 2 certified	SOC 2 and ISO 27001 certified

Based on publicly available product information as of Q1 2026. Toku makes no representations as to the completeness or accuracy of Pebl product information on this page.

	Toku	Pebl (formerly Velocity Global)
EOR Pricing
EOR per employee/month	Starting at $299 Stablecoin included All rails (fiat + stablecoin + token) included in worker fee	From $399–$599/employee/mo Promotional rate from $399; standard rate $599/mo. Quote-based. Pebl rebranded from Velocity Global in Sept 2025.
Pricing transparency	✓ Full itemization No hidden extras Platform fee + employer costs + on-chain fees all shown upfront	~ Improving, still quote-based Pebl introduced upfront cost estimates; still no published pricing page
Contractor management	✓ Included — Contractor + AOR models	~ Available $49/contractor/mo; some sources note Pebl is weak on contractor-only management
Stablecoin & Crypto Payroll
Stablecoin payroll	✓ Core feature — every plan Not an add-on Any stablecoin on any network; instant, compliant, $1B+ volume processed	~ "Crypto-ready payroll" announced Jan 2026 Pebl processes wages in fiat, then deposits into crypto wallets for employee self-conversion. Not true stablecoin payroll.
Token grant administration	✓ Native — vesting, TGE, tax filing Unique to Toku	~ Token equity support launched 2026 Pebl acts as "local administrative filer" for token grants — employer still determines grants and withholdings
True on-chain stablecoin settlement	✓ Real on-chain USDC transfer Instant settlement Funds move on Polygon — sub-cent fees, 30-second global settlement	✗ Fiat wages, crypto wallet delivery Pebl pays in local fiat — employees receive into digital wallets and self-convert. No true stablecoin payroll.
Integration
Integrates with ADP / Workday	✓ Drop-in API — no migration Keep your stack	✓ HRIS integrations available Pebl integrates with major HR platforms — but requires Pebl as legal employer layer
Coverage
Countries	100+ Full stablecoin compliance in each market	185+ Wider EOR coverage; backed by Baker McKenzie legal network

Making the Right Choice

Many teams with existing Pebl EOR relationships will add Toku on top — not replace Pebl — for the stablecoin and token layer Pebl does not offer.

Add Toku if...

Your team needs stablecoin payroll or digital asset compensation

You want to pay international employees in stablecoins today, not wait for Pebl to build it
You issue token grants or manage vesting schedules alongside salary
Pebl's reported 4% FX markup is a real cost your finance team is trying to reduce
Your CFO needs salary data off public ledgers before committing to stablecoin payroll
You want workers to receive pay instantly, regardless of timezone, bank cut-off, or public holiday
Your team is embedded in a Web3 ecosystem where stablecoin or token compensation is expected

Pebl alone may be sufficient if...

Your team runs on fiat payroll and needs enterprise global EOR

Your entire compensation model is traditional fiat salary with no token or crypto component
You need immigration and visa support as a first-class service alongside EOR
An AI compliance assistant across 50+ languages is a meaningful operational requirement
You are mid-market or enterprise and want a service-heavy EOR partner with a decade of compliance history
Stablecoin payroll and token compensation are not current or near-term requirements
Coverage depth across 185+ countries matters more than on-chain settlement speed

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Toku vs Pebl: questions finance teams ask

No. As of Q1 2026, Pebl has no stablecoin payroll product. Its payment infrastructure runs entirely on traditional fiat bank rails. Pebl's own blog content discusses how employers can pay in crypto — citing third-party platforms like Bitwage — but Pebl itself does not offer stablecoin payroll, on-chain settlement, or any digital asset compensation capability. If you run Pebl for global EOR and want to add stablecoin payroll, Toku integrates with Pebl and adds on-chain settlement without requiring you to change your existing EOR setup.

Yes. This is the most practical setup for teams that use Pebl for traditional global EOR and need stablecoin payroll or token compensation on top. Pebl remains your system of record for traditional employment and fiat payroll. Toku connects via API, handling stablecoin settlement, token compensation, and the jurisdiction-aware tax reporting that goes with it. Your team continues working in Pebl for what Pebl does well. The digital asset layer runs in Toku alongside it.

Both Toku and Pebl offer global EOR, but with different models and strengths. Pebl operates as a payroll aggregator — it partners with local payroll providers in each country and centralizes billing for the client. Its coverage extends to 185+ countries and includes immigration, visa support, and an AI compliance assistant. Pebl is service-heavy and suited to enterprise teams that want a long-established global EOR partner. Toku operates its own EOR infrastructure across 100+ countries, with the key differentiator being stablecoin payroll and token compensation running natively alongside employment compliance. For Web3 teams or companies adding digital asset compensation, Toku handles the full picture. For teams that want pure fiat EOR with deep immigration support, Pebl has more coverage depth — and the two can run alongside each other.

Independent analysis of Pebl's pricing has cited a 4% FX markup on international payments — double the typical 2% charged by most EOR providers. For a team member earning $10,000 per month, this adds $400 in monthly overhead per person. Across a 20-person international team, that is $8,000 per month in avoidable FX costs. Toku's stablecoin payroll eliminates this category of cost. On-chain settlement via Polygon and Sei costs fractions of a cent per transaction. There are no correspondent banks, no FX intermediaries, and no markup — the full payment amount reaches the employee.

No. Pebl's compensation tools are built around fiat salary, statutory benefits, and compliance reporting in traditional currencies. Token grant management, vesting schedules, and TGE distributions are outside the scope of what Pebl offers. Toku handles the full token compensation lifecycle alongside payroll — grant agreements, vesting cliffs, automated distributions when vesting events occur, and jurisdiction-aware tax reporting for each recipient. For companies that pay teams in both salary and tokens, this is a core operational requirement. Toku is where it lives.

Pebl (formerly Velocity Global) has genuine strengths built over more than a decade: 185+ country coverage, a recognized compliance track record, an AI assistant for complex HR questions in 50+ languages, and immigration and visa services that not all EOR providers offer. For enterprise teams expanding into countries with complex labor laws, Pebl's service-heavy model is a meaningful advantage. Toku does not replace those capabilities. It adds what Pebl cannot do — on-chain stablecoin settlement, token grant management, and digital asset tax reporting — running alongside your existing Pebl relationships rather than displacing them.

Pebl processes international payroll through traditional bank rails — the same correspondent banking network used for standard wire transfers. A payment from a US employer to an employee in Southeast Asia might pass through multiple intermediary banks, take 3–5 business days, and cost 4–6% of its value in fees and FX markups before it arrives. Pebl's aggregator model adds another layer of processing on top of that. Toku settles on Polygon and Sei. Payments go on-chain in seconds, cost fractions of a cent per transaction, and settle the same way at any hour on any day of the week. For employees in markets with unreliable banking infrastructure or volatile local currencies, receiving pay in USDC is not a preference — it is a practical advantage that Pebl's fiat rails cannot replicate.

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