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Tempo Processes 3.9M Transactions in Two Months, Stablecoin Supply Surpasses $25M

GateNews

On-Chain Data Project Progress

2026-05-29 03:06:23

USDC-0.02%

According to Dune Analytics, Tempo, a payment-focused Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since launching on March 18. The network's native TIP-20 stablecoin standard now supports over $25 million in circulating supply from multiple issuers, with pathUSD leading at $8.2 million, followed by USDB, USDT0, and bridged USDC.e and EURC.e each holding $4.5 million to $5.5 million. Tempo enables direct stablecoin payments for gas fees without requiring native tokens.

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