CMC News

#Filipino Workers Can Now Receive #Stablecoin Wages Through #PDAX

PDAX has partnered with Web3 payroll provider Toku to enable remote workers in the Philippines to receive wages in #stablecoins and convert earnings to pesos through regulated channels. The integration connects token-based payroll systems with licensed cash-out infrastructure, eliminating wire fees and settlement delays for cross-border payments.

The collaboration announced Tuesday allows companies to send stablecoin wages through existing payroll systems while workers access funds via PDAX wallets or external addresses for real-time on-chain settlement. Employees can cash out to nearly any Philippine bank or e-wallet, including GCash and GrabPay.

Employers have the option to fund payroll in Philippine pesos or stablecoins including $USDC, $USDG, and $RLUSD. Toku routes payments directly to recipient wallets, providing immediate access to earnings without traditional banking intermediaries or international wire transfer costs.

Toku operates as a global payroll platform serving over 100 countries, enabling businesses to compensate employees and contractors in tokens or stablecoins through their standard payroll infrastructure. PDAX functions as a regulated Philippine crypto exchange offering trading, cash-out services, and tokenized asset products for local users and businesses.

The Philippines has emerged as one of Asia's most active crypto adopters, with government agencies and major banks launching blockchain pilots and stablecoin programs over the past two years. Multiple initiatives demonstrate the country's commitment to integrating digital assets into financial infrastructure.