Tempo Integrates Open USD for Enterprise Payments and Treasury Operations
Tempo has integrated Open USD (OUSD), a stablecoin backed by Stripe subsidiary Bridge, with over $400 million in liquidity now live on the network. OUSD reserves are held by BlackRock, Lead Bank, and BNY, featuring zero mint or redeem fees for enterprise users. Tempo, a Layer 1 blockchain launched on March 18, 2026, by Stripe and Paradigm, focuses on low-cost stablecoin payments with fees below $0.001 per transaction. OUSD launched across multiple chains, including Base, Ethereum, and Solana, on September 30, 2026.
Summaries are written by AI from the original article. Not investment advice.