Tempo, a Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions throughout 177,000 addresses since mainnet launched on March 18, in keeping with information shared by Dune Analytics.
The chain’s native TIP-20 stablecoin customary now helps circulating provide exceeding $25M throughout a number of issuers and yield-bearing token variants.
The TIP-20 customary makes stablecoins native to the Tempo protocol via precompile-based implementation fairly than ERC-20 contracts. Issuers achieve entry to programmable insurance policies together with switch guidelines, allowlists, and charge logic enforced on the chain degree.
Stablecoin provide is distributed throughout a number of issuers: pathUSD anchors the community at $8.2M, whereas USDB, USDT0, and Stargate-bridged $USDC.e and EURC.e every maintain between $4.5M and $5.5M in circulating provide.
The ecosystem additionally helps yield-bearing variants together with Ethena’s sUSDe and USDe, Frax Finance’s USD, Capitole’s cUSD and stcUSD, and Maple Finance’s syrupUSDC.
Tempo’s structure permits fuel cost straight in stablecoins, differentiating the chain from networks that require native tokens for transaction charges. The mixture of stablecoin-native design and early transaction quantity metrics suggests the protocol is gaining adoption inside its goal funds use case.
Tempo is now totally listed on Dune alongside main blockchains, with a maintained stablecoins dataset that normalizes provide, transfers, and holders throughout issuers and networks. The mixing permits direct comparability of Tempo’s TIP-20 stablecoins towards Tron $USDT, Solana $USDC, and Ethereum’s stablecoin float in single queries.
Sources: Dune Analytics | Dune Analytics | Dune Analytics
