Tempo, the Layer 1 blockchain incubated by Stripe and Paradigm, has crossed $1 billion in rolling 30-day stablecoin transfer volume. For a network that only launched its mainnet on March 18, 2026, this represents a trajectory most blockchains spend years chasing, with an annualized run rate of approximately $3.7 billion. Enterprises account for the bulk of this volume, with notable partners and users including Deel, Meta, DoorDash, Shopify, Visa, and Nubank. The chain stands out with sub-second transaction finality and gas fees payable directly in stablecoins via the TIP-20 token standard. On August 24, 2026, Ondo’s USDY, a yield-bearing stablecoin alternative backed by short-duration US Treasuries, went live on the network.
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