A new partnership between Toku, a Web3 payroll provider, and PDAX, a regulated cryptocurrency exchange in the Philippines, is set to revolutionize how Filipino remote workers receive their salaries. The collaboration enables these workers to get paid in stablecoins, offering a more efficient and flexible compensation method.

The integration connects Toku's token-based payroll system with PDAX's regulated cash-out rails. This allows companies to send stablecoin wages through their existing payroll processes. Workers can then convert their earnings to pesos without incurring wire fees or enduring delays. Toku facilitates payments directly to PDAX wallets or external addresses, ensuring real-time, on-chain settlement. From there, workers can cash out to nearly any Philippine bank or e-wallet, including popular platforms like GCash and GrabPay, covering almost all adults in the country. Employers have the flexibility to fund payroll in either Philippine pesos (PHP) or stablecoins like USDC, USDG, or RLUSD.

Ken O'Friel, CEO of Toku, emphasized that crypto companies already hold stablecoins and can now use those assets to pay contributors in the Philippines, making stablecoin payroll local and seamless through the PDAX partnership. Nichel Gaba, CEO of PDAX, echoed this sentiment, stating that the collaboration aims to provide better and faster financial access for Filipino professionals working with global companies.

This initiative arrives as stablecoins are becoming a core treasury asset for global crypto companies. The Philippines is also developing clear frameworks for digital assets. The country has emerged as one of Asia's more active crypto adopters, with government agencies and major banks launching blockchain pilots and stablecoin initiatives in recent years.

In 2024, Tether partnered with Web3 platform Uquid to allow Filipinos to pay their Social Security System contributions using USDt on The Open Network. Furthermore, in January 2025, several Philippine banks began collaborating on the PHPX stablecoin, a Hedera-based project designed to facilitate real-time remittances using distributed ledger technology. In July 2025, the Philippine government also announced that it would begin notarizing official documents on the Polygon blockchain.

Toku is a global payroll platform that enables businesses to pay employees and contractors in tokens or stablecoins using their existing payroll systems. PDAX is a Philippine crypto exchange providing trading, cash-out services, and tokenized asset products for local users and businesses.

The integrated solution offers real-time, on-chain settlement with Toku routing funds directly to PDAX wallets or external addresses, enabling instant, transparent stablecoin settlement. PDAX converts stablecoins to PHP for local cashout in the Philippines, paying out to any local bank or e-wallet like GCash and Grabpay via Instapay or Pesonet. With a PDAX account, employers can send stablecoins for conversion to PHP, or fund in PHP and convert to stablecoins like USDC, USDG, or RLUSD then route funds.