Stablecoin

YLDS payroll

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

Toku is an employer of record and global payroll provider in 100+ countries, paying teams in local currency or stablecoins. YLDS is a yield-bearing dollar token issued by Figure on Provenance. Toku sets and withholds salary in local currency, handles the compliance checks and tax reporting, and sends the net pay in YLDS to each person's wallet.

Toku supports YLDS on Provenance, so you can pay from the network your treasury already uses.

Talk to us about YLDS payrollSee pricing

Updated · Usage figures from DefiLlama stablecoin and chain data

YLDS with Toku at a glance

Networks for YLDSProvenance
IssuerFigure
Who can be paidEmployees through Toku's employer of record, and contractors
YLDS in circulation$471 million in supply (12 November 2026)

About YLDS

YLDS is a yield-bearing dollar token issued by Figure on Provenance.

IssuerFigure
Pegged toThe US dollar
Supply in circulation$471 million
Networks it’s issued on3

Learn more about YLDS

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 YLDS 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 YLDS payroll

YLDS payroll: frequently asked questions

Yes. Employees hired through Toku's employer of record can have their net pay sent in YLDS, where the local rules allow it. Salary is still set and taxed in local currency.
Provenance.
Yes. Contractors invoice through Toku's contractor management and are paid in YLDS, 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 YLDS 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.