Toku, the leading global compliance platform for token payments, announced a significant advancement: the ability to pay salaries in stablecoins directly on the Polygon network.
This innovation will enable businesses in more than 100 countries to leverage the power of blockchain to pay thousands of employees and contractors instantly, compliantly and transparently.
The platform already processes over $1 billion in tokenized payments annually and is natively integrated with leading HR and payroll systems including ADP, Workday, UKG, and other payroll providers.
In addition, Toku provides solutions for contract management, Employer of Record (EOR) infrastructure, and global compliance to meet the growing demand for secure and efficient digital payments.
Polygon: Blockchain for business
Our integration with Polygon represents a significant step towards the full-scale adoption of stablecoins in our daily operations. In fact, Polygon handles almost half of everything USDC It allows transfers between $100 and $1,000 within the United States, and has established itself as an important infrastructure for digital payments.
Thanks to this collaboration, businesses can now take advantage of the speed, transparency, and cost efficiency that blockchain offers without sacrificing the reliability of traditional systems. Payments occur in real time, fees are less than 1 cent, and we are fully compliant in over 100 jurisdictions.
Global payments, local compliance
One of the most innovative aspects of Toki’s solution is its ability to manage all employer responsibilities, from contract creation to onboarding and benefits management to tax withholding and regulatory compliance.
This means businesses can pay their employees USDC At Polygon, we leave compliance management to us without establishing a local subsidiary in each country.
All stablecoin salaries comply with the labor laws of the worker’s country of residence, ensuring the safety of both the company and its employees. Additionally, the platform seamlessly integrates with existing HR systems such as ADP, Workday, and Gusto, eliminating the need to change internal processes.
Stablecoins are taking over your payroll: The numbers behind the revolution
According to a recent compensation survey conducted by Pantera, more than 90% of companies active in the digital space currently use stablecoins to pay their collaborators. This trend is driven by the pursuit of efficiency, speed, and global reach that traditional solutions have struggled to guarantee.
The ability to make instant, transparent, and low-cost payments is becoming a necessity for companies operating on an international scale. The partnership between Toki and Polygon addresses this need and provides a concrete and already operational solution for managing payroll with stablecoins.
Concrete benefits for companies and workers
Traditional international payment systems often involve multi-day wait times, high costs, and complex compliance controls. However, with the solution proposed by Toku on Polygon, employees will be able to receive payments immediately, offering significant savings compared to international wire transfers.
Toku handles all regulatory aspects, from tax filings to labor law compliance, providing maximum peace of mind for both businesses and employees. Integration with existing HR systems ensures a seamless transition without changing platforms or processes.
Growing ecosystem: Polygon confirms leadership in digital payments
The collaboration between Toki and Polygon further strengthens Polygon’s position as the go-to blockchain for payments infrastructure. The network already hosts a number of payments-only applications, including stablecoin issuers, payment processors, and financial institutions building innovative solutions on top of its infrastructure.
“Polygon provides the scalability and cost efficiency that blockchain needs to support enterprise-scale operations,” said Aishwary Gupta, global head of payments and real-world assets at Polygon Labs. “Toku brings the compliance infrastructure and payroll management expertise that turns this technology into a practical solution for today’s businesses.”
The future of payments lies in blockchain
The integration of Toki and Polygon not only offers immediate benefits in terms of cost and speed, but also signals a broader shift to “on-chain” management of business operations.
As more companies adopt blockchain infrastructure for core functionality, the benefits of a unified payments platform will extend across the ecosystem.
Ken O’Friel, CEO of Toki, emphasizes: “Payroll management is one of the most ubiquitous use cases for digital money. By enabling stablecoin payments on Polygon, we demonstrate how blockchain is solving a real problem for businesses today: making global payments fully compliant, instant, transparent, and more cost-effective.”
Toku and Polygon: A strategic partnership for a new digital economy
The synergy between Toki and Polygon marks a pivotal milestone in the evolution of digital payments. By combining Toraku’s robust compliance with Polygon’s scalability and efficiency, companies can finally manage global payroll in a simple, secure, and compliant way, paving the way to a new era of corporate finance.
