27 June 2025 | Friday | News
Picture Courtesy | Public Domain
Rain, the global card issuing and payments platform built for stablecoins, announced a partnership with Toku, a leader in compliant token and stablecoin compensation, to launch the first real-time, compliant stablecoin payroll system for global teams.
The integration enables employers to fund and settle payroll instantly in stablecoins—compliantly and at scale—across more than 100 jurisdictions. Rain's programmable payment rails connect directly to Toku's employment and tax compliance infrastructure, streamlining payroll operations for modern, distributed workforces.
"Payroll has remained one of the last major financial flows stuck in outdated systems," said Farooq Malik, CEO and Co-founder of Rain. "By combining Rain's onchain infrastructure with Toku's compliance expertise, we're bringing the benefits of stablecoins to the most important payment of all: your paycheck."
Fintech Business Asia, a business of FinTech Business Review
© 2025 FinTech Business Review. All Rights Reserved.