# Toku > Pay your people in every country you hire in, without losing a cut. Toku is a stablecoin payroll infrastructure company. It helps businesses pay employees and contractors in stablecoins, fiat, or tokens across more than 100 countries while staying compliant. Toku is a payroll infrastructure company that lets businesses pay employees and contractors in stablecoins, fiat currencies, or tokens across a large number of countries. It is designed for companies that want to modernize cross-border payments without abandoning the payroll and HR systems they already rely on. The platform targets startups, mid-sized firms, and larger enterprises that need faster settlement and reduced foreign exchange costs for distributed teams. The company addresses the delay and expense built into traditional cross-border payroll rails by adding a stablecoin settlement layer on top of existing systems. It connects through a single API to established payroll and HR platforms, handling currency conversion, local tax withholding, and statutory reporting in each jurisdiction it supports. This allows a business to keep its existing system of record while offering workers the option to receive pay in stablecoins or local currency. Toku's offering spans several products, including an employer of record and agent of record service for hiring without setting up local entities, a global payroll product with built-in tax automation, and token grant administration for equity and token based compensation. It is used by companies ranging from early stage startups paying contractors to large enterprises moving significant portions of their workforce onto stablecoin based payroll alongside their existing infrastructure. - Type: Company - Sector: Payments - Status: Active - Founded: 2021-01-01 - Profile: https://thegrid.id/profiles/toku ## Products - [Toku Payroll & Employment Platform](https://thegrid.id/profiles/toku): Toku Payroll and Employment Platform is an employer of record and payroll service that enables companies to hire, pay, and manage employees and contractors across multiple countries without establishing local entities. It provides statutory payroll processing, benefits administration, and automated tax compliance, with disbursement in stablecoins, tokens, or local currency. Held payroll capital can earn yield before disbursement, and recipients can spend balances through a linked payment card. It also supports token grants and tokenized equity distribution alongside standard compensation, and covers domestic United States employment through a professional employer organization arrangement as well as international employer-of-record and agent-of-record engagements. (Payroll, Live, Main Product) - [Toku Contractor](https://thegrid.id/profiles/toku): Toku Contractor is a contractor management platform for onboarding, contracting, and paying global contractors across multiple countries using stablecoin payments. It provides instant settlement, automated tax compliance with jurisdiction-specific documentation, and API integration with existing payroll and accounting systems. The platform maintains a dedicated contractor account role alongside its client-facing tools for invoicing and payment management. (Payroll, Live) - [Token Grant Administration](https://thegrid.id/profiles/toku): Token Grant Administration is a platform for managing token grants, cap tables, and vesting schedules for teams compensated with token or equity awards across multiple jurisdictions. It captures fair market value at vest, applies payroll-aligned tax and withholding logic, and generates audit-ready documentation, including on-chain execution of tax election filings. The platform integrates with custody and multi-sig wallet providers to distribute unlocked tokens directly to holders, and maintains dedicated employee and administrator account roles. (Payroll, Live) ## Links - [Main](https://www.toku.com) - [Blog](https://www.toku.com/blog) - [Documentation](https://docs.toku.com) - [Terms of Service](https://www.toku.com/terms-of-use) - [Privacy policy](https://www.toku.com/privacy-policy) - [Twitter / X](https://x.com/usetoku) - [LinkedIn](https://linkedin.com/company/Toku) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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