Network

Stablecoin payroll on Monad

Toku runs payroll for employees and contractors and pays them in USDC and GHO on Monad.

Toku is an employer of record and global payroll provider in 100+ countries, paying teams in local currency or stablecoins. On Monad, Toku sets and withholds salary in local currency, runs the compliance checks and tax reporting, and then sends the net pay in USDC, GHO and MON. Monad is a high-performance EVM layer 1 network.

Talk to us about payroll on MonadSee pricing

Updated · Usage figures from DefiLlama stablecoin and chain data

Monad with Toku at a glance

Tokens Toku paysUSDC, GHO and MON
Who can be paidEmployees through Toku's employer of record, and contractors
Coverage100+ countries, confirmed for each person before the first payment
Usage on Monad$663 million in stablecoins (number 17 by supply, 12 November 2026)

About Monad

Monad is a high-performance EVM layer 1 network.

Transactions per second195 on average, measured November 12, 2026 over 10 minutes
Stablecoins on the network$663 million
Value locked in apps$943 million
Native tokenMON
How we measured it: JSON-RPC batch eth_getBlockByNumber on rpc.monad.xyz for 1969 consecutive blocks 121608949-121610917 (2026-11-12T13:04:46Z to 2026-11-12T13:14:42Z); TPS = transactions in blocks 2..N divided by the timestamp difference between the last and first block.

Learn more about Monad

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 and GHO to each person's wallet on Monad.
  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 Monad

Monad payroll: frequently asked questions

Yes. Toku pays employees and contractors in USDC and GHO on Monad. Salary is still set and taxed in local currency, and Toku confirms the arrangement for each person before the first payment.
USDC, GHO and MON. MON 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 Monad payout.
Yes. Contractors invoice through Toku's contractor management and are paid in USDC and GHO on Monad, with invoices, approvals and payment records kept together.

See Toku in action

Talk to us about payroll on Monad

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.

Talk to us

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