Tempo has processed 3.9 million transactions in two months since its launch, with stablecoin supply exceeding 25 million USD

According to data from Dune Analytics, the payment-specific Layer 1 blockchain Tempo, incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since its mainnet launch on March 18. Its native TIP-20 stablecoin standard currently supports a circulating supply of over $25 million, covering multiple issuers and yield-bearing token variants. The TIP-20 standard is implemented through precompiled contracts rather than ERC-20 contracts, making the stablecoin native to the Tempo protocol, allowing issuers to utilize programmable strategies including transfer rules, whitelists, and fee logic.

The distribution of stablecoin supply spans multiple issuers, with pathUSD leading at $8.2 million, followed by USDB, USDT0, and USDC.e and EURC.e bridged through Stargate, each holding between $4.5 million and $5.5 million in circulation. The Tempo architecture supports direct payment of Gas fees in stablecoins, eliminating the need for a native token. Tempo has been fully indexed by Dune Analytics, allowing for direct comparison with stablecoin data from major blockchains such as Tron, Solana, and Ethereum.