Tempo Reveals Stablecoin Flows Of Enterprises

Tempo looks into the production work of current enterprise partners on its payment chain meant for stablecoin payments.

1 Min Read
Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
Tempo reveals large corporations such as DoorDash and ARQ are actively building with stablecoins (Adrien Olichon Unsplash)

Tempo gives first glimpse of enterprise stablecoin flows.

The company has published a detailed series of case studies reviewing how the network is helping enterprises adopt and build with stablecoins.

Names such as DoorDash, Coastal Bank and ARQ(formerly DolarApp) have been actively using the technology to implement new infrastructure for better cross-border payment capability and benefit from Tempo’s fixed fees of $0.001 per transaction.

This ranges from supporting gig economy workers, such as the “Dashers” (delivery drivers) working on behalf of DoorDash, to working with the traditional bank compliance KYC (Know-Your-Customer) process and in parallel giving sender/recipient banks their own stablecoin wallets.

Additionally, the team has announced that they will be starting a stablecoin advisory (similar to Visa) to assist with onboarding and technical guidance.

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