Tempo surpasses $1B in 30-day stablecoin transfer volume
The Stripe and Paradigm-backed Layer 1 blockchain is quietly becoming a payments workhorse just five months after mainnet launch.
Tempo, the Layer 1 blockchain incubated by Stripe and Paradigm, has crossed $1 billion in rolling 30-day stablecoin transfer volume. For a chain that only launched its mainnet on March 18, 2026, that’s a trajectory most networks spend years chasing.
The milestone translates to an annualized run rate of roughly $3.7 billion. And the momentum appears to be accelerating: weekly stablecoin transfer volume hit a record high of over $175 million in the week ending around August 11, 2026.
From zero to $1.2B in five months
Tempo’s cumulative stablecoin transfer volume has now exceeded $1.2 billion since its operational launch. The bulk of this volume is coming from enterprises using the chain for global payouts and payments workflows.
The client roster reads like a who’s-who of companies that move serious money. Deel, Meta, DoorDash, Shopify, Visa, and Nubank are all listed among Tempo’s notable partners and users.
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Patrick Collison, the Stripe co-founder, acknowledged a stablecoin run rate of approximately $3 billion as far back as mid-June 2026.
Why enterprises are choosing Tempo
Tempo offers sub-second transaction finality. Gas fees on Tempo can also be paid directly in stablecoins via its TIP-20 token standard, meaning a company can operate entirely in USDC or other supported stablecoins without ever touching a separate gas token.
Yield-bearing assets enter the picture
On August 24, 2026, Ondo’s USDY went live on the network. USDY is a yield-bearing stablecoin alternative backed by short-duration US Treasuries, meaning enterprises holding funds on Tempo can now earn yield on idle balances rather than letting them sit unproductive.