Gate News message, April 22 — DoorDash announced on April 21 a partnership with Tempo, a blockchain payment platform, to introduce stablecoin payment options for delivery drivers, merchants, and customers across more than 40 countries.
The collaboration aims to accelerate payment cycles, reduce international transfer costs, and provide more flexible payment options for all participants. DoorDash co-founder Andy Wang stated, “If we can get merchants and Dashers their money faster, and do that in a way that’s affordable for them, that’s a no-brainer for the entire ecosystem.”
Tempo is backed by Stripe and crypto venture firm Paradigm and counts other major enterprises among its partners, including Coastal Bank and fintech firm ARQ. DoorDash processed 903 million orders in the final quarter of 2025, totaling $29.7 billion in transaction value.
According to PYMNTS Intelligence data, 88% of companies receiving stablecoins immediately convert them to U.S. dollars, indicating these digital assets are primarily viewed as a payment mechanism rather than an investment vehicle.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Three Major EU Banks Plan Joint Euro Stablecoin on Ripple Infrastructure for H2 2026
Gate News message, April 24 — Three of Europe's largest banks—ING, UniCredit, and BNP Paribas—are preparing to launch a joint euro-denominated stablecoin in the second half of 2026, built on Ripple's infrastructure, according to crypto observer SMQKE.
The collaboration marks a significant move by s
GateNews37m ago
Kelp DAO 漏洞救援：Mantle 擬貸 Aave 3 萬 ETH、DeFi 聯盟承諾逾 43,500 ETH
After the Kelp DAO cross-chain bridge was hacked, DeFi United mobilized agreements from protocols including Aave to commit 43,500 ETH (about $101 million) to provide relief for bad debts. Mantle proposed MIP-34, offering to lend up to 30,000 ETH to the Aave DAO and granting 130,000 AAVE voting rights; Stani Kulechov personally injected 5,000 ETH, and Lido and others also contributed. This move is seen as an experiment in “exchanging loans for governance rights” during a crisis, pending a vote.
ChainNewsAbmedia1h ago
Morgan Stanley launches its first GENIUS Act-compliant stablecoin reserve fund MSNXX: annual fee 0.15%, minimum $10,000,000
Morgan Stanley Investment Management today launches the MSNXX stablecoin reserve fund, providing asset management for stablecoin issuers. The assets are invested in cash, 93-day U.S. Treasury bills, and overnight repurchase agreements. The NAV is fixed at $1.00, with an annual fee of 0.15%, and a minimum threshold of $10 million. This fund complies with the GENIUS Act requirements, integrating stablecoin funding into the U.S. government money market fund framework, demonstrating that stablecoin infrastructure is aligning with traditional finance.
ChainNewsAbmedia1h ago
LTP Secures VARA VASP License, Expands into Dubai Digital Asset Market
Gate News message, April 24 — LTP, a leading global institutional digital asset prime brokerage, has secured a Virtual Asset Service Provider (VASP) License from the Dubai Virtual Assets Regulatory Authority (VARA). This milestone marks LTP's official entry into the Middle East and North Africa
GateNews1h ago
TRON Enables Faster, Lower-Cost USDT Payments in Latin America Through Coinsenda Partnership
Gate News message, April 24 — TRON has partnered with Coinsenda to enhance payment solutions in Latin America, focusing on faster and more cost-efficient USDT transactions on the TRON network. The collaboration aims to address key challenges in the region, including delays in fund transfers and
GateNews3h ago
