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Stablecoin payroll on Ethereum

Toku runs payroll for employees and contractors and pays them in USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD and FDUSD on Ethereum.

Toku is an employer of record and global payroll provider in 100+ countries, paying teams in local currency or stablecoins. On Ethereum, Toku sets and withholds salary in local currency, runs the compliance checks and tax reporting, and then sends the net pay in USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD, FDUSD and ETH. Ethereum is the largest smart contract network and holds the biggest share of the world's stablecoin supply.

In Toku's 4 November 2026 measurement, a block on Ethereum became final in a median of 16 minutes. Toku's own approval and processing come before that step.

Updated · Usage figures from DefiLlama stablecoin and chain data

Ethereum with Toku at a glance

Tokens Toku paysUSDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD, FDUSD and ETH
Who can be paidEmployees through Toku's employer of record, and contractors
Coverage100+ countries, confirmed for each person before the first payment
Usage on Ethereum$132 billion in stablecoins (number 1 by supply, 12 November 2026)

About Ethereum

Ethereum is the largest smart contract network and holds the biggest share of the world's stablecoin supply.

Transactions per second23.3 on average, measured November 12, 2026 over 1 hour
Stablecoins on the network$132 billion
Value locked in apps$41 billion
Native tokenETH
How we measured it: JSON-RPC batch eth_getBlockByNumber on ethereum-rpc.publicnode.com for 300 consecutive blocks 26398791-26399090 (2026-11-12T12:14:23Z to 2026-11-12T13:14:23Z); TPS = transactions in blocks 2..N divided by the timestamp difference between the last and first block.

Learn more about Ethereum

How it works

  1. You approve the payroll run or contractor invoices in Toku.
  2. Toku sets salary in local currency and handles withholding, tax filings and compliance checks.
  3. Toku sends the net pay in USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD and FDUSD to each person's wallet on Ethereum.
  4. Payment records, payslips and tax documents stay with each payment.

How Toku pays your team

Employees are hired and paid through Toku’s employer of record, with salary set and withheld in local currency and the net pay sent in stablecoins through stablecoin payroll. Contractors are paid through contractor management, and token compensation runs through token grant administration.

See how payout times compare across networks on stablecoin settlement times, and compare costs on the pricing page.

Talk to us about payroll on Ethereum

Ethereum payroll: frequently asked questions

Yes. Toku pays employees and contractors in USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD and FDUSD on Ethereum. Salary is still set and taxed in local currency, and Toku confirms the arrangement for each person before the first payment.
USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD, FDUSD and ETH. ETH can also be used for token compensation and grants.
Yes. Toku's payroll API connects to providers such as ADP, Workday, Gusto and Rippling, so your provider stays the source of truth and Toku handles the Ethereum payout.
In Toku's 4 November 2026 measurement, a block on Ethereum became final in a median of 16 minutes. Toku's own approval and processing come before that step.
Yes. Contractors invoice through Toku's contractor management and are paid in USDC, USDT, USDG, PYUSD, AUSD, RLUSD, USDS, USDe, DAI, USD1, USDf, USDD, GHO, EURC, TUSD and FDUSD on Ethereum, with invoices, approvals and payment records kept together.

See Toku in action

Talk to us about payroll on Ethereum

Tell us who you pay, where they work and which network your treasury uses. We'll show you how salary, contractor payouts and token compensation work for each person, with an itemized quote.

Salary is set and withheld in local currency, and Toku confirms the stablecoin arrangement for each person before the first payment.