DoorDash plans to supply its customers, “dashers” and retailers the choice to make use of stablecoins of their transactions with the meals supply app, in line with the Tempo blockchain.
In a Tuesday discover, Tempo said that along with DoorDash, it was “constructing stablecoin-powered cost infrastructure” in a transfer for its supply drivers, also called “dashers,” retailers, and customers to settle transactions utilizing digital foreign money. The blockchain cited payout velocity, decrease cross-border price and transaction flexibility in its causes for the mixing, anticipated to use to customers in additional than 40 international locations.
“If we are able to get retailers and Dashers their cash sooner, and try this in a approach that is reasonably priced for them, that is a no brainer for the complete ecosystem,” stated DoorDash co-founder Andy Wang.
Tempo introduced the DoorDash integration as half of a bigger transfer into stablecoins together with funds platform Stripe, funding agency Paradigm, Coastal Financial institution and fintech firm ARQ.
Whereas the supply app beforehand announced moves into AI, the stablecoin infrastructure would symbolize a considerably giant supply app onboarding a digital asset cost rail for on a regular basis settlements.
In February, DoorDash reported that it delivered 903 million orders within the fourth quarter of 2025, at a complete worth of $29.7 billion. The supply platform is slated to report Q1 2026 outcomes on Might 6.
Associated: UK plans payments rule changes for stablecoins, tokenized deposits
Fee corporations proceed to increase stablecoin infrastructure
Along with its work with Tempo, Stripe agreed to buy the stablecoin platform Bridge as a part of a $1.1 billion deal in 2024.
Conventional bank card corporations, together with Visa and Mastercard, have reached related agreements transferring nearer to stablecoins. Mastercard agreed in March to purchase stablecoin infrastructure firm BVNK for a reported $1.8 billion, whereas Visa expanded its stablecoin settlement platform in July to assist further stablecoins.
