Stablecoins Push Into Mainstream Payments as DoorDash Joins Tempo Network
BeInCrypto
DoorDash is adopting the Tempo blockchain to facilitate faster and more cost-effective payments for its gig workers using stablecoins.Summary
DoorDash has joined the Tempo network, a blockchain infrastructure designed for stablecoin transfers, to streamline payouts for its workforce. This move highlights the growing transition of stablecoins from crypto-specific use cases to mainstream production payment rails. By leveraging stablecoins, DoorDash aims to provide faster settlement times and reduced transaction fees, benefiting gig workers in regions where traditional remittance costs are high. The Tempo network, backed by major firms like Stripe and Paradigm, is increasingly being utilized by consumer-facing brands as a viable alternative to traditional banking systems.
(Source：BeInCrypto)