-
@ tzongocu
2025-05-19 16:01:47
📰 News Alert...
🔖 Title: Franklin Launches Payroll Treasury Yield: A New Era for Payroll Management
🗓️ Published: 2025-05-19T17:00:00+03:00
📄 Summary: Franklin, an innovative cash and cryptocurrency payroll provider, has unveiled a groundbreaking initiative called Payroll Treasury Yield. This new solution leverages blockchain lending protocols to help businesses earn returns on payroll funds that would typically remain idle. By integrating with the DeFi platform Summer.fi, Franklin allows companies to deposit stablecoin payroll reserves into smart contract-based lending pools, thus earning yields while maintaining full access and custody of their capital. As the demand for more efficient financial solutions grows, Franklin aims to streamline operations and reshape traditional payment methods, potentially diminishing the role of traditional banks in the future.
🔗
https://cointelegraph.com/news/franklin-launches-payroll-treasury-yield-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Amin Haqshanas
💓 #Blockchain #PayrollInnovation #DeFi