On Friday, the Sei team announced via a blog post that the Sei Network has integrated into Toku’s proprietary API-based payroll management system. The integration will power the instant payment and settlement of employee payroll and corporate remittances on Sei.
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.
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 2.88% in the last 24 hours and is now trading at $0.07533 per coin.
Hassan Maishera