Plume, a blockchain focused on real-world assets (RWAs), has launched what it calls the first payroll pilot using a tokenized money market fund, enabling employees to convert part of their salaries into yield-bearing fund shares without interacting with crypto exchanges or moving funds onchain manually.
The pilot pairs Plume's onchain infrastructure with Toku's stablecoin payroll platform and WisdomTree's tokenized money market fund, WTGXX. Participating Plume employees can make a one-time election to route a portion of their pay into fund shares, which are purchased via WisdomTree Connect and held in verified wallets linked to WisdomTree Prime accounts.
WTGXX has emerged as one of the fastest-growing tokenized Treasury funds, surging more than 700% between May and August last year. WisdomTree has since expanded the fund's reach to Solana and integrated debit card spending functionality.
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