What to know:
- DoorDash is working with Stripe-backed Tempo blockchain to bring stablecoin-powered payouts to its global marketplace.
- Stripe, Coastal Bank and Latin American fintech ARQ are also beginning to run parts of their payment operations on stablecoin rails with Tempo.
- Stripe, a payments giant that processes nearly $2 trillion in payment flows annually, is increasingly betting on stablecoins and blockchain becoming a core layer for global money movement.
DoorDash, along with several financial technology companies, is now integrating stablecoins into their payment systems using Tempo, a blockchain platform led by Stripe. This indicates growing acceptance of blockchain technology within traditional finance.
Tempo, a blockchain built for payments by Stripe and Paradigm, announced Tuesday that several companies – including DoorDash, Stripe itself, Coastal Bank, and Latin American fintech ARQ – are starting to use or plan to use its system to process payments with stablecoins.
DoorDash, a company serving over 40 countries and responsible for almost $75 billion in sales for local businesses last year, is partnering with Tempo to offer merchants payouts using stablecoins. This will begin with international transactions, where faster and cheaper payments are especially important.
According to DoorDash co-founder Andy Fang, stablecoins have the potential to significantly improve how our financial systems work.
A Paradigm representative didn’t share specific details about when DoorDash will begin accepting payments in stablecoins.
As a crypto investor, I’m really paying attention to what Stripe is doing with Tempo. They’re building it right into their payment systems, letting businesses handle stablecoins alongside regular money. Basically, Stripe is aiming to make sending and receiving payments worldwide much faster, cheaper, and easier – getting rid of a lot of the traditional border hassles. Neetika Bansal, who leads their Connect and money management side, says that’s exactly what they’re trying to achieve.
$300 billion asset
This news arrives as stablecoins and blockchain technology are playing a larger role in how money moves around the world.
Stablecoins are a type of cryptocurrency worth around $300 billion. Unlike many cryptocurrencies, their value is linked to traditional currencies like the US dollar, and they aim to make international money transfers cheaper and faster than traditional banking methods.
Stripe, which handles almost $2 trillion in payments each year, is now focusing heavily on blockchain technology and stablecoins. In 2024, they purchased Bridge, a company that builds the infrastructure for stablecoins, for $1.1 billion, and also acquired Privy, a provider of crypto wallets.
The company recently partnered with Paradigm, a crypto investment firm, to create Tempo, a new blockchain built for payments. Tempo launched last month and already works with major financial companies like Mastercard, UBS, Klarna, and Visa. Unlike many other blockchains, Tempo is specifically designed to handle payments quickly and efficiently, offering fast transaction speeds, predictable fees, and enhanced privacy for businesses. This focus helps avoid the delays and fluctuating costs often seen on more general blockchains.
To encourage wider use of the technology, Tempo announced Tuesday that it’s starting a Stablecoin Advisory service. This service will provide practical assistance to companies wanting to shift their payment systems to blockchain technology.
Read More
- Brent Oil Forecast
- Gold Rate Forecast
- Silver Rate Forecast
- Epic Betrayal: Rogue Officer Steals Bitcoin, Blowing Cover of the Law!
- North Korean Hackers Using Deepfakes and Fake Interviews to Steal Crypto – Beware!
- MemeCore’s Wild Ride: Bulls, Bears, and Bananas 🍌
- This Crazy Crypto Circus! Roald Dahl Would Love the Chaos & Cheekiness
- BNB Blasts Off on Solana’s Smoldering Wreckage! 🚀🐒
- Shiba Inu Coin Rebound? Whales Are Buying, and So Are You – Here’s Why!
- Bitcoin & Ethereum ETF Outflows Make Investors Cry, Again
2026-04-21 17:28