DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more than 40 countries at near-instant settlement speeds and fixed US dollar fees, in one of the largest real-world stablecoin payment deployments by a publicly traded US company to date.
Summary
- DoorDash is using Tempo’s stablecoin blockchain to pay drivers and merchants across more than 40 countries, targeting payout speed, cross-border cost reduction, and transaction flexibility as the primary benefits.
- Tempo, which raised $500 million at a $5 billion valuation and launched its public mainnet in March 2026, also announced that Stripe, Coastal Community Bank, Fifth Third Bank, and Latin American fintech ARQ are now running payment operations on its stablecoin rails.
- DoorDash processed nearly $75 billion in merchant sales last year and manages a three-sided marketplace across more than 40 countries, each with different payment rails, FX dynamics, and regulatory requirements.
DoorDash announced on April 21 that it is building stablecoin payment infrastructure with Tempo to pay its delivery workers and merchants across more than 40 countries, choosing on-chain settlement to solve the fragmentation of running global payouts across dozens of different payment rails, currencies, and regulatory environments simultaneously. “If we can get merchants and Dashers their money faster, and do that in a way that’s affordable for them, that’s a no-brainer for the entire ecosystem,” said DoorDash’s head of payments.
DoorDash Stablecoin Payments Tempo Partnership Targets the Global Payout Problem
DoorDash’s operational complexity is substantial. Its three-sided marketplace connects consumers, merchants, and delivery workers across more than 40 countries, each with different settlement timelines, FX spreads, and compliance requirements. A payout flow that works in Atlanta may require an entirely different infrastructure stack in Helsinki, Mexico City, or São Paulo. Stablecoin settlement compresses that variability. As crypto.news reported, Tempo is positioned as a payments-first blockchain with sub-second deterministic finality, fees paid in dollar-denominated stablecoins rather than a volatile native gas token, reserved blockspace for payment workloads, and ISO 20022 compliance for enterprise reconciliation. DoorDash chose Tempo over other stablecoin options because of what it described as Tempo’s “payments focus and enterprise readiness,” noting the platform’s experience combining crypto technology with the regulatory and operational requirements of large-scale enterprise deployments.
Tempo’s Growing Institutional Ecosystem
The DoorDash announcement was one of several that landed the same day, with Tempo simultaneously confirming that Stripe, Coastal Community Bank, Fifth Third Bank, and ARQ, a Latin American fintech operating in Mexico, Colombia, Argentina, and Brazil, are all now running or preparing to run payment operations on its stablecoin rails. As crypto.news documented, Stripe, which processed $1.9 trillion in payment volume in 2025, is using Tempo as a core blockchain for its money-management products, allowing businesses to hold, send, and receive stablecoins alongside traditional currencies. Klarna has announced plans to launch a stablecoin on Tempo’s mainnet, while Visa, Nubank, and Shopify had been cited as early ecosystem participants during the testnet phase. Tempo itself raised $500 million at a $5 billion valuation ahead of its March 2026 mainnet launch, with Stripe and Paradigm as founding investors and Paradigm co-founder Matt Huang serving as CEO.
What the DoorDash Move Signals for Enterprise Stablecoin Adoption
The DoorDash deployment is meaningful precisely because DoorDash is not a crypto company. It is a publicly traded consumer platform that generated nearly $75 billion in merchant sales last year and whose primary relationship with payments is operational rather than speculative. As crypto.news tracked, Tempo was explicitly designed to solve the practical obstacles that have prevented enterprises from adopting blockchain rails at scale, including network congestion, volatile gas fees, and settlement delays. For DoorDash, the stablecoin integration is invisible to end users: merchants and Dashers receive funds faster and at lower cost without interacting with blockchain tooling directly. Stablecoin settlement on Tempo compresses international payout windows from the standard one to three business days on ACH-equivalent rails toward near-instantaneous finality, the same performance benchmark that makes card networks indispensable for real-time commerce.
DoorDash said it will start with the payout flows where faster and cheaper settlement creates the most immediate value, prioritizing the cross-border corridors where traditional rail delays and FX costs are most punishing for merchants and delivery workers.
No Comment! Be the first one.