Tempo Stablecoin Network Reaches $3 Billion Payment Run Rate in First 93 Days
Tempo, a blockchain used for stablecoin payments that Stripe now uses by default for new features, has reached about $3 billion in annualized payment volume roughly three months after launch, according to an update on the network's first 93 days. Deel uses the network to pay contractors, while Meta uses it for global payouts.
The same update described an early AI-payments business on Tempo, with about 1,000 active services selling to agents through its Machine Payments Protocol, or MPP. It cited 570 unique agents that bought from Exa AI Labs and 332 from OpenWeather; Stripe, Visa and Standard Chartered are running validators.
From the sources (4 posts)
@matthuangRT @patrickc: The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion.…
@lex_nodeRT @Etherealize_io: zkSync founder: “Ethereum is the only option” for institutions “Tempo is a venture by Stripe. Obviously Stripe, as a l…
@danrobinsonRT @patrickc: The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion.…
@matthuangStripe, Meta, Deel, and many other enterprises are finding value in stablecoins on @tempo — reach out if you’re interested to join them!