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Stablecoin payroll on Provenance

Toku runs payroll for employees and contractors and pays them in YLDS on Provenance.

Toku is an employer of record and global payroll provider in 100+ countries, paying teams in local currency or stablecoins. On Provenance, Toku sets and withholds salary in local currency, runs the compliance checks and tax reporting, and then sends the net pay in YLDS and HASH. Provenance Blockchain is a layer 1 network built for financial services and home of Figure's YLDS.

Figure uses Toku to pay its team.

Talk to us about payroll on ProvenanceSee pricing

Updated · Usage figures from DefiLlama stablecoin and chain data

Provenance with Toku at a glance

Tokens Toku paysYLDS and HASH
Who can be paidEmployees through Toku's employer of record, and contractors
Coverage100+ countries, confirmed for each person before the first payment
Usage on Provenance$421 million in stablecoins (number 21 by supply, 12 November 2026)

About Provenance

Provenance Blockchain is a layer 1 network built for financial services and home of Figure's YLDS.

Transactions per second0.07 on average, measured November 12, 2026 over 22 minutes
Stablecoins on the network$421 million
Value locked in apps$146 million
Native tokenHASH
How we measured it: CometBFT RPC rpc.provenance.io /blockchain for 300 consecutive blocks 34639487-34639786 (2026-11-12T12:52:54Z to 2026-11-12T13:14:32Z); TPS = num_txs in blocks 2..N divided by the header time difference.

Learn more about Provenance

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 YLDS to each person's wallet on Provenance.
  4. Payment records, payslips and tax documents stay with each payment.

Teams on Provenance that pay with Toku

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 Provenance

Provenance payroll: frequently asked questions

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

See Toku in action

Talk to us about payroll on Provenance

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.