Toku and PDAX Enable Stablecoin Payroll in the Philippines

PDAX, a regulated cryptocurrency exchange in the Philippines, has partnered with Web3 payroll provider Toku to enable remote workers in the country to receive wages in stablecoins.

According to Tuesday’s press release, the new integration connects Toku’s token-based payroll system with PDAX’s regulated cash-out rails, enabling companies to send stablecoin wages through their usual payroll flows and allowing workers to convert earnings to pesos without incurring wire fees or delays.

Toku routes payments directly to PDAX wallets or external…