Crypto Payroll? Franklin’s New Scheme Will Make You Laugh or Cry 😅💸

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Crypto Payroll? Franklin’s New Scheme Will Make You Laugh or Cry 😅💸

Franklin, that peculiar hybrid—part cash, part crypto—has decided, perhaps out of boredom, to turn its pile of idle payroll into something resembling a gold mine, or at least a savings account with a little more sparkle.

They call it Payroll Treasury Yield, a fancy phrase for letting blockchain lend your unused funds to strangers, because who doesn’t want to trust a smart contract to do their banking? Apparently, Franklin does. They told CryptoMoon, which sounds like a comic strip, that this move is a marvel of modern ingenuity.

Apparently, Franklin’s new toy includes Summer.fi, a DeFi platform that sounds like a summer vacation but is actually about lending money in a decentralized way. Companies deposit their stablecoin payroll reserves into these smart contracts—think of it as giving your money to a robot who promises to return it with interest. The funds go to trustworthy borrowers, or so they say, and the companies—still owning their cash—keep an eye on things, because why not?

“Franklin solves two problems,” Megan Knab, CEO and founder—because someone has to run the show—tells CryptoMoon, adding that for those who’ve already danced with crypto, this is just a new jig. As for the rest of the world, it’s all about making money move faster than a politician’s promises.

Crypto Illustration

smart contracts are not foolproof and market swings can be as unpredictable as a summer storm. Franklin reassures that they’re hedging their bets with audited contracts—like checking the locks on your door, but you never know if the thief is just waiting behind the corner.

Crypto Fever: Striking Gold or Just Gold-Plating?

Interest in yielding strategies has skyrocketed, as if everyone suddenly discovered that digital assets might actually generate some returns—shocking, isn’t it? Retail and big money folks alike are all clamoring for more crypto goodies.

For instance, Solv Protocol recently launched a Bitcoin token that pays interest, on the Avalanche blockchain—because who doesn’t love a blockchain party? And Ryan Chow, their CEO, says everyone is hunting for yield without selling their Bitcoin—because nothing says financial wisdom like holding onto an asset while earning a little reward.

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2025-05-19 17:14