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Paxos Labs
@paxoslabs
Where the future of onchain finance is built and customized An integrated platform that enables distribution, post-issuance growth, and asset-aligned liquidity
Joined October 2024
9 Following    3.2K Followers
Less than 1% of businesses run payroll on crypto. The reason is simple: on a public blockchain, going onchain means publishing every salary, bonus, and contractor rate. That is the barrier USAD was built to remove. USAD is @AleoHQ's private, programmable, compliance-aware dollar, issued by Paxos Labs on Aleo, backed 1:1 by USDG. @usetoku is running the world's first fully private stablecoin payroll on USAD, paying globally distributed teams with no compensation data exposed onchain. Payroll was the use case everyone wanted and no one could safely deliver. Now it is real. Full story from the Built on Aleo series 👇
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Built on Aleo 🛡🛠 Highlighting USAD by @paxoslabs ✨ Private dollars, built for real-world finance. USAD on Aleo is a privacy-preserving stablecoin issued by Paxos Labs and backed 1:1 by USDG reserves. Private, programmable dollars for payments, payroll, and financial applications. Most stablecoins today run on public blockchains where every balance, payment, and transaction is visible. That model worked early on, but it breaks down for real-world financial systems. Companies can't expose treasury activity. Users shouldn't reveal their entire financial history. Institutions need both privacy and compliance. Real finance requires both. That's where USAD on Aleo comes in. Built on Aleo's zero-knowledge architecture and issued through Paxos Labs' infrastructure, USAD encrypts transaction data by default and supports compliant, selective disclosure when needed. The result is a digital dollar designed for real-world use. Payments without exposing identities. Payroll without leaking compensation data. Financial applications without sacrificing confidentiality. But more importantly, USAD creates a foundation for entirely new applications to be built on top. One example is @usetoku. Toku is a global compliance platform that has processed more than $1 billion in token payroll volume. By integrating Aleo's privacy layer into Toku's platform, enterprises can now pay teams in stablecoins without exposing salaries, bonuses, or treasury flows onchain. Crucially, Aleo and Toku didn't just build this and ship it. They used it themselves first, paying their own globally distributed teams before launching to enterprise clients. By integrating Aleo, stablecoins evolve from transparent ledgers into infrastructure that can support modern financial systems. Learn more in our full article 👇
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