1 MYR = 1 MYRT · ON LAUNCH 100% RINGGIT CASH · 1:1 BACKED BUILT FOR PAYROLL · COMMERCE ↗ COMPLIANT BY DESIGN NETWORK · ETHEREUM SEGREGATED RESERVES COMPLIANCE-FIRST INFRASTRUCTURE RINGGIT-BACKED 1:1 SINCE DAY ONE 1 MYR = 1 MYRT · ON LAUNCH 100% RINGGIT CASH · 1:1 BACKED BUILT FOR PAYROLL · COMMERCE ↗ COMPLIANT BY DESIGN NETWORK · ETHEREUM SEGREGATED RESERVES COMPLIANCE-FIRST INFRASTRUCTURE RINGGIT-BACKED 1:1 SINCE DAY ONE
For employers · workers · HR & EOR partners

Payroll for Malaysia's
web3 economy.

20,000+ workers earn over RM 2.5 billion annually in crypto-denominated salaries across Malaysia - almost entirely through informal channels. MYRT is the first compliant rail that lets that money flow into the local banking system the right way.

From informal
to compliant.

Today, RM 2.5 billion+ in annual web3 payroll flows through informal channels - peer-to-peer trades, OTC desks, foreign exchanges. Workers want to do the right thing. The infrastructure to do so simply hasn't existed. MYRT closes the gap.

Today · Without MYRT

How crypto workers get paid now.

  • Salaries arrive as USDT, USDC, or native tokens - outside any local payroll system.
  • Workers convert through peer-to-peer trades, OTC desks, or foreign exchanges.
  • No EPF, SOCSO, or EIS contributions on these earnings.
  • No LHDN-recognised income records - workers can't prove income for loans, rent, or visas.
  • Funds enter the local banking system through informal channels, raising compliance concerns.
  • Workers vulnerable to scams, frozen accounts, and counterparty risk.
With MYRT

Compliant by default.

  • Employer pays via HR partners - global EOR platforms, APAC-focused EORs, or local Malaysian providers.
  • USD/EUR converted at the BNM reference rate; MYR deposited at custodian; MYRT minted 1:1.
  • EPF, SOCSO, EIS handled automatically through the HR partner integration.
  • LHDN-ready year-end forms; full income records for loans, rent, and visa applications.
  • Settles into the worker's existing Malaysian bank account via DuitNow.
  • Worker-side KYC; transactions visible and auditable from end to end.
RM 2.5B+
In annual web3 salaries that could flow through compliant Malaysian channels - supporting EPF, SOCSO, LHDN, and the local banking system - once workers have the infrastructure to make that choice.

EPF, SOCSO, EIS, and LHDN reporting are handled by the licensed HR or EOR partner running the payroll batch. MYRT provides the on-chain settlement rail; the statutory layer stays with the partner.

KWSP / EPF
EPF / KWSP
Provident Fund
PERKESO
PERKESO
Social Security
SOCSO
SOCSO
Workplace injury
EIS
EIS
Employment Insurance
LHDN
LHDN
Inland Revenue

From employer in Berlin
to engineer in Bangsar.

A walk-through of how a single payroll cycle moves through MYRT - fully compliant, settled in minutes, off-ramped on payday.

STEP 01 · EMPLOYER
Funds payroll batch
Employer wires USD/EUR to MYRT's HR partner. Partner verifies worker eligibility - Malaysian citizen or De Rantau pass holder.
STEP 02 · MINT
MYRT minted at peg
USD/EUR converted at BNM reference rate. Equivalent MYR deposited at custodian. MYRT minted 1:1 against verified reserves.
STEP 03 · DISTRIBUTE
Workers receive in-wallet
MYRT lands in worker's wallet on payday. Employer-side payslip generated with full tax and contribution breakdown.
STEP 04 · WORKER
Hold, spend, or off-ramp
Spend at SEZ merchants, hold in-wallet as savings, or pull instantly to a Malaysian bank account via the DuitNow rail.
Tax & contributions
EPF, SOCSO, EIS handled automatically through HR partner integrations.
HR partners
Global EOR platforms · APAC-focused EORs · web3-native payroll providers · plus local Malaysian EOR providers.
Reporting
LHDN-ready year-end forms. Employer audit trail. Worker payslip per cycle.

Working with the
infrastructure you already use.

MYRT plugs into the same global HR and Employer-of-Record platforms that already manage compliant payroll. No parallel system. No new vendors. Just an additional payment rail.

Global EOR platforms

The world's leading Employer-of-Record platforms serving thousands of companies hiring across borders.

APAC-focused EORs

Singapore- and APAC-headquartered EORs with strong Malaysian compliance coverage.

Web3-native payroll

Modern payroll platforms popular with web3 and tech employers running distributed teams.

Distributed-team platforms

Employment platforms supporting compliant Malaysian onboarding for global companies.

Local EORs

Malaysian-licensed Employer-of-Record providers for in-country compliance.

Malaysian e-wallets

TNG, GrabPay, Boost, and other licensed e-wallet providers - the rails workers already use to spend their salaries day-to-day.

BNM-aligned

HR partners support BNM-aligned compliance for tax and contributions.

+ More to come

Additional Southeast Asian EOR partners onboarding pre-launch.

Who's already earning
in crypto, locally?

Across Malaysia, workers from the world's leading web3 companies are receiving salaries in crypto. These are some of the typical profiles MYRT is designed to serve - drawing salaries denominated in USDT, USDC, or native tokens, and converting them into Ringgit they can spend, save, and send.

Engineer · Kuala Lumpur

Smart contract developer at a global L1.

Earns in USDC monthly. Currently uses peer-to-peer Telegram trades to convert. Wants compliant, traceable income for a mortgage application.

USD 8K / month → MYRT → CIMB
Designer · Penang

Product designer at a top NFT marketplace.

Receives USDC + ETH compensation. Wants EPF contributions for retirement, plus year-end LHDN documents for tax filing.

USD 6K / month → MYRT → Maybank
Operator · Johor

Community lead at a leading DeFi protocol.

Paid in USDT. Has a young family in JB. Crosses the SG causeway daily for spending. Needs Ringgit fast, with a clean paper trail.

USD 5K / month → MYRT → Public Bank
Researcher · Penang

Crypto research analyst, full-remote.

Salary in USDC. Building a Malaysian financial footprint after returning from abroad. Needs visa-eligible income records.

USD 7K / month → MYRT → AmBank
Founder · Kuala Lumpur

CEO of a Malaysian web3 startup.

Pays a small global team in stablecoins. Wants to formalise team payroll while remaining web3-native.

USDC payroll batches → MYRT distribution
Nomad · Bangsar

Software engineer on a De Rantau pass.

Originally from Vietnam, working remotely for a US firm. Wants to spend like a local without holding crypto-balance risk.

USD 9K / month → MYRT → DuitNow QR spending

Ready to make payroll
compliant?

Whether you're an employer hiring talent in Malaysia, an HR/EOR provider, or a worker wanting clean, traceable income - MYRT is being designed to support it all.

For employers → For HR partners For workers