Tempo L1 Hits 3.9M Transactions in Two Months

Share This Post

The payments-focused blockchain Tempo has settled 3.9M transactions across 177K addresses since mainnet launch in March, with stablecoin supply exceeding $25M and full Dune Analytics integration live.

Tempo, a Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since mainnet launched on March 18, according to data shared by Dune Analytics.

The chain’s native TIP-20 stablecoin standard now supports circulating supply exceeding $25M across multiple issuers and yield-bearing token variants.

The TIP-20 standard makes stablecoins native to the Tempo protocol through precompile-based implementation rather than ERC-20 contracts. Issuers gain access to programmable policies including transfer rules, allowlists, and fee logic enforced at the chain level.

Stablecoin supply is distributed across multiple issuers: pathUSD anchors the network at $8.2M, while USDB, USDT0, and Stargate-bridged USDC.e and EURC.e each hold between $4.5M and $5.5M in circulating supply.

The ecosystem also supports yield-bearing variants including Ethena’s sUSDe and USDe, Frax Finance’s USD, Capitole’s cUSD and stcUSD, and Maple Finance’s syrupUSDC.

Tempo’s architecture enables gas payment directly in stablecoins, differentiating the chain from networks that require native tokens for transaction fees. The combination of stablecoin-native design and early transaction volume metrics suggests the protocol is gaining adoption within its target payments use case.

Tempo is now fully indexed on Dune alongside major blockchains, with a maintained stablecoins dataset that normalizes supply, transfers, and holders across issuers and networks. The integration enables direct comparison of Tempo’s TIP-20 stablecoins against Tron USDT, Solana USDC, and Ethereum’s stablecoin float in single queries.

Sources: Dune Analytics | Dune Analytics | Dune Analytics

Related Posts

Why crypto’s future may look more like traditional markets

Those markets function because trading activity sits atop a...

Thanks to you, 25% of ‘Mag8’ firms now hold bitcoin

Michael Saylor, co-founder of Strategy, the world's largest publicly...

Hester Peirce Bids Farewell to the SEC After Nearly 30 Years

SEC Commissioner Hester Peirce delivered her farewell remarks Tuesday...

Morpho’s $175M DeFi Round Tests Onchain Credit’s Future

Investors are increasingly backing stablecoin and credit infrastructure rather...

Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

Crypto tried to solve this with its own version...