Stablecoin

PYUSD payroll

Toku runs payroll and pays employees and contractors in PYUSD on Ethereum and Solana.

Toku is an employer of record and global payroll provider in 100+ countries, paying teams in local currency or stablecoins. PYUSD is PayPal's dollar stablecoin, issued by Paxos. Toku sets and withholds salary in local currency, handles the compliance checks and tax reporting, and sends the net pay in PYUSD to each person's wallet.

Toku supports PYUSD on Ethereum and Solana, so you can pay from the network your treasury already uses.

Talk to us about PYUSD payrollSee pricing

Updated · Usage figures from DefiLlama stablecoin and chain data

PYUSD with Toku at a glance

Networks for PYUSDEthereum and Solana
IssuerPaxos for PayPal
Who can be paidEmployees through Toku's employer of record, and contractors
PYUSD in circulation$2.6 billion in supply (12 November 2026)

About PYUSD

PYUSD is PayPal's dollar stablecoin, issued by Paxos.

IssuerPaxos for PayPal
Pegged toThe US dollar
Supply in circulation$2.6 billion
Networks it’s issued on21

Learn more about PYUSD

How it works

  1. You approve the payroll run or contractor invoices in Toku.
  2. Toku handles withholding, tax filings and compliance checks in local currency.
  3. Toku sends the net pay in PYUSD on the network you choose.
  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 PYUSD payroll

PYUSD payroll: frequently asked questions

Yes. Employees hired through Toku's employer of record can have their net pay sent in PYUSD, where the local rules allow it. Salary is still set and taxed in local currency.
Ethereum and Solana.
Yes. Contractors invoice through Toku's contractor management and are paid in PYUSD, with invoices, approvals and payment records kept together.
Yes. Toku's payroll API connects to ADP, Workday, Gusto and Rippling, so your provider stays the source of truth and Toku handles the stablecoin payout.

See Toku in action

Talk to us about PYUSD payroll

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.