Points of Focus

• DoorDash, Stripe, Coastal Bank, and ARQ are live on Tempo’s stablecoin rails, with Klarna, Shopify, and Visa announcements expected next.
• ARQ is already processing over $10B in annualized volume across four Latin American markets on Tempo, showing early enterprise-scale adoption.
• Tempo is also launching a Stablecoin Advisory practice to help companies move from evaluation to production.

Tempo, the payments blockchain incubated by Stripe and Paradigm, announced on April 21 that DoorDash, Stripe, Coastal Bank, and ARQ have moved stablecoin payment flows into production on its network. Klarna, Shopify, and Visa are next. The announcement is the clearest evidence yet that enterprise stablecoin adoption has moved past the pilot phase.

Enterprises are bringing stablecoin payment flows into production on Tempo, including @DoorDash, @stripe, @CoastalBankWA, and @arq_finance.

We're also launching our Stablecoin Advisory to help more enterprises build real-world payments workloads on stablecoins. pic.twitter.com/JuQZd4HhiO

— Tempo (@tempo) April 21, 2026

The timing is pointed. On April 20, BIS General Manager Pablo Hernandez de Cos warned in a speech at the Bank of Japan that stablecoins fall short as genuine payment instruments, citing a gap between $35T in annual transaction volume and just $390B reaching the real economy. What Tempo is announcing is a direct counterexample: settlement infrastructure embedded into the payment operations of companies touching hundreds of millions of transactions.

Which platform is live and what they are building

DoorDash operates across 40 countries, managing payments between consumers, merchants, and delivery workers in every transaction. Each market brings different rails, FX dynamics, and settlement timelines. The company is bringing stablecoin payouts to Tempo, starting with merchant settlements, where faster finality delivers the most direct value. ‘There’s real promise with stablecoins transforming financial infrastructure, not just in America, but globally,’ said co-founder Andy Fang.

Stripe has gone further. Tempo now serves as core blockchain infrastructure powering Stripe’s money management capabilities, processing cross-border payouts for businesses distributing earnings to sellers across 100+ countries. ‘When a business sends a payout to a contractor abroad or a platform distributes earnings to sellers across 100+ countries, Tempo is the settlement layer making those transactions fast and low-cost,’ said Neetika Bansal, Head of Connect and Money Management at Stripe.

ARQ provides the clearest proof point. The Latin American fintech processes over $10B in annualized volume across Mexico, Colombia, Argentina, and Brazil on Tempo, reflecting live, scaled adoption in high-need markets.

Coastal Bank is also building stablecoin infrastructure on Tempo, helping address compliance concerns for regulated institutions, said CPO Ryan Hall.

Why the infrastructure matters

A BIS speech by Pablo Hernández de Cos outlined two requirements for stablecoins to function as money: singleness and interoperability. Tempo’s design targets both. Fixed dollar fees remove token volatility, dedicated payment lanes avoid congestion, and sub-second finality provides the certainty expected from traditional payment rails.

Tempo Zones address the feature that the BIS flagged as structurally absent from public blockchains: transaction privacy. Zones enable confidential payments to be visible only to the parties involved, with selective disclosure to authorized compliance teams. That is the design feature that makes the Coastal Bank partnership possible. A regulated sponsor bank cannot put its fintech clients’ payment flows on a fully public ledger.

Blockchains still broadcast every transaction publicly. Every stablecoin payment leaks the amount, the sender, and the recipient.

We’re excited to share that Tempo is building Zones for businesses that need privacy: private blockchains that are interoperable with the rest of… pic.twitter.com/aH1kVaRkV2

— Tempo (@tempo) April 16, 2026

The global stablecoin market has nearly hit $321.5B on April 19, as per data from DefiLlama, with USDT at $185.5B and USDC at $78.6B. The $46T in annual stablecoin transaction volume that a16z cited in its April 16 infrastructure paper still flows primarily through crypto-native trading. The ARQ and DoorDash deployments represent the earliest signs of that volume profile shifting toward real commerce.

188B USDT (ATH)

— Paolo Ardoino 🤖 (@paoloardoino) April 21, 2026

The advisory play

Alongside the enterprise announcement, Tempo is launching a Stablecoin Advisory practice staffed by payments specialists, banking experts, and forward-deployed engineers. The model is hands-on: use-case scoping, economic modeling, compliance structuring, and integration support for enterprises moving from evaluation to live deployment.

The bottleneck for enterprise stablecoin adoption is not infrastructure availability but internal conviction. Most corporate treasury teams lack the expertise to model the economics, navigate custody, and structure compliance frameworks for stablecoin rails. Tempo is positioning itself as the guide through that process, not just the settlement layer at the end.

With Klarna, Shopify, and Visa still to be announced, the Tempo enterprise stack is far from complete. What exists today is already a more credible enterprise-stablecoin story than existed six months ago.