Partnership boosts digital payroll options for Filipino workers and expands stablecoin use in everyday finance
The Philippines is moving deeper into blockchain-driven financial services, as cryptocurrency exchange PDAX and global Web3 payroll provider Toku roll out a new system allowing workers to receive wages directly in stablecoins and instantly convert them to Philippine pesos.
The integration creates a regulated channel that links token-based payroll with local cash-out services, giving remote workers faster access to earnings and eliminating delays common in traditional international transfers. Under the new setup, employees can receive stablecoins like USDC, USDG or RLUSD and convert them to PHP through banks and e-wallets across the country.
“This solves one of the biggest pain points for remote Filipino workers — slow settlement and high wire fees,” said a senior payments consultant familiar with digital payroll systems. “Connecting on-chain settlement with licensed cash-out rails provides real-world utility that stablecoins have long needed.”
Stablecoin payroll enters mainstream workflows
Toku’s technology sends employer-approved payouts directly to PDAX wallets or external blockchain addresses, enabling real-time settlement. Companies can fund payroll in either pesos or stablecoins, keeping their existing operations unchanged while adding faster crypto-enabled disbursement options.
A PDAX business development representative described the partnership as “a step toward modernizing payroll infrastructure in a country where millions of workers rely on cross-border income streams.”
“By giving workers immediate conversion access, we’re reducing friction and expanding how digital assets fit into everyday financial activity,” the representative added.
Philippines strengthens position as a regional crypto adopter
The country has gained global attention for its rapid acceptance of blockchain tools. Over the last two years, government agencies, major banks, and private firms have launched pilots involving stablecoins, tokenized payments and blockchain-based record systems.
Recent initiatives include blockchain-based social security payments using USD-pegged tokens, a multi-bank project developing the PHPX stablecoin for real-time transfers, and government efforts to notarize official documents using distributed ledger technology.
“The Philippines is positioning itself as a testing ground for digital financial innovation,” said a regional fintech researcher. “Stablecoin payroll could become a model for other emerging economies looking to modernize wage delivery.”
The new Toku–PDAX integration underscores the nation’s accelerating shift toward digital finance and stablecoin-powered payment infrastructure.
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