A new DEFI solution for companies. Franklin Payroll is a company specializing in the management of cryptocurrency. Recently, the company announced the launch of a new solution of decentralized finance (DEFI) intended for companies.
- Franklin Payroll recently announced the launch of Payroll Treasury yieldan innovative DEFI solution for businesses.
- This solution allows companies to generate yields on their cash funds via the Summer.fi protocol, while retaining their funds.
Franklin reveals Payroll Treasury yieldto generate DEFI yields
This Monday, May 19, 2025, Franklin announced on x launching Payroll Treasury yielda new solution Challenge intended for companies. In practice, this solution allows companies to generate yield on their cash funds (especially intended for payments of the wages of their employees).
To do this, Franklin relies on the decentralized finance protocol Summer.fi. Thus, companies can deposit their funds in stablecoins in pools of lending on summer.fi. These funds are then loaned to verified borrowers, allowing companies to generate a return while retaining access to their capital.
Always with a safety perspective, companies retain the full guard of their funds throughout the process. In addition, the Smart Contracts used by Franklin and Summer.fi are auditors To reduce risks.
An alternative to traditional tools, allowed by blockchains
According to Franklin, Payroll Treasury yield presents itself as an alternative to traditional cash management tools, such as treasury bills (T-bills). The latter often involve a Operational complexity and Limited yields.
If the products of pay on-chain become common, the banks could even go to the background, and no longer serve ascompulsory intermediaries like today.
“At Summer.fi, we believe that DEFI must meet the users where they are already. This is why we are delighted to see Franklin Payroll launch their performance product using our new SDK, giving their customers transparent access to the most competitive on-chain yields, optimized by AI. (…) «
Andrei David, technical director (CTO) of Summer.fi
Do public blockchain networks will replace One day bank transfers? In any case, it is already undeniable that decentralized finance is growing rapidlyand that DEFI yields – greater and less complex to set up – have what attract individuals as companies.