Sei Development Foundation, an independent US non-profit dedicated to the advancement and adoption of open source, permissionless protocols like Sei Network, announced the native integration of the Sei Network into Toku's proprietary API-based payroll management system. The Sei Network is the fastest EVM Layer-1 blockchain built to support world-scale decentralized applications. The integration will power the instant payment and settlement of employee payroll and corporate remittances on Sei.

"Real world adoption of Sei is happening at scale and in real time, and now employees and vendors of companies using Toku can now get paid instantly, anywhere in the world, all on Sei," said Justin Barlow, Executive Director of Sei Development Foundation. "Instant, borderless, onchain payments are accelerating the way businesses operate around the world, and thanks to Toku, a greater amount of that transaction volume will happen on Sei."

"The Sei integration is part of Toku's broader initiative to make stablecoin payroll available across leading blockchain ecosystems," said Kenneth O'Friel, Toku CEO and Co-Founder. "By connecting compliant payroll infrastructure with scalable settlement networks, Toku enables enterprises and employees to experience the benefits of digital dollars in everyday income."

Toku's API connects employers and leading payroll services providers - like Workday and ADP - enabling them to seamlessly transact using USDC stablecoins. Sei Development Foundation is among the leading employers using the system for payroll, vendor remittances, and token distribution.