B2C credit in emerging markets is largely unaddressed today. Less than 1 in 10 Bolivians are able to access credit via traditional banks This presents a huge opportunity for global onchain originators like @talamobile to step in and provide funding using stablecoins to everyday consumers via neobanks like @eldoradoio Excited to be working with both teams to roll out this product on @tempo. More to come!

Today, I’m extremely excited to announce @eldoradoio's first stablecoin-powered credit product, in partnership with @talamobile and powered by @tempo ! 🚀 Access to credit remains one of the biggest barriers to economic growth in Latin America. Millions of people are excluded from traditional lending simply because they lack the documentation, credit history, or collateral banks require. We believe access to credit should be determined by your potential, not just your paperwork. Starting in Bolivia, eligible El Dorado users will be able to open their wallets, access pre-qualified credit offers, and receive funds in seconds, directly in USDT. Loans will be disbursed and repaid onchain through Tempo, with Tala providing the capital and taking on the credit risk.For us, this is about much more than launching another financial product. Stablecoins shouldnt just make it easier to move money. They should unlock entirely new financial opportunities. By combining El Dorados distribution with Talas lending infrastructure, were taking another step toward making financial services more accessible to millions of Latin Americans. Our ambition is to build the financial infrastructure that accelerates economic growth across Latin America, and expanding access to credit is a fundamental part of that mission. Special thanks to the rockstar team that made this partnership possible: @shivsiroya @0xskittles @Santiaestrada93 @andreujuanc @exk200 @teresagrandia @Crisaudy_ and many others We're just getting started. 🌎

Last night we hosted a group of top payments and banking operators in NYC for the first Tempo Padel Cup. Old scores were settled, new rivalries began, and the future of money was discussed. Don’t miss the next one!

Pendulum seems to be swinging from WL stables back to using existing branded ones, esp those that share economics eg @openstandard While WL makes sense for some use cases, you have to worry about reserve mgmt, liquidity, infra, etc In many cases, juice ain’t worth the squeeze

Payroll has to be private. That’s been non-negotiable for us since day one of building the @deel stablecoin wallet. Tempo Zones gives us that privacy, so we can bring the benefits of stablecoins to our users. Really enjoyed working on zones with @liamihorne and the @tempo team!

Privacy is live on Tempo. Tempo Zones let enterprises keep customer stablecoin balances and payments private, with built-in compliance controls and access to global liquidity. @deel is the first customer with Zones live in production.

The number of tokenized RWAs with: (1) Permissionless access (2) 7%+ yield (3) >$100m scale (4) Defi composability Is surprisingly small…

Open USD (OUSD) is live on Tempo, with $400M+ in liquidity at launch. Issued natively on Tempo, OUSD by @openstandard gives businesses a new stablecoin for payments, settlement, and treasury, with liquidity deployed across decentralized exchanges, stablecoin swaps, and bridges.

INTRODUCING MERCATOR by @tempo. Mercator gives agents a new effort level. By giving an agent a search engine to the world's paid tools it empowers a small model to punch above its weight, while being cheaper than larger models. $5 Mercator credits w/ your X/Github ⬇️

$2B in 30D transfer volume on Tempo and we're just getting started

Tempo and @privy_io are launching a limited-time 7% Earn boost for eligible customers. Apply by Sept. 30 for a boosted rewards rate on the first $10M, plus no gas fees for 3 months. Supported vaults use @morpho infrastructure and @sentorahq curation.

Tempo recently crossed $1 billion in 30-day stablecoin transfer volume.

The on-chain volume of $DLUSD transfers from @deel has exceeded $115M + since its launch in June. The most interesting aspect of the data isn’t the amount, but the shift in the nature of the flow. First week of June: $22.1M across 1,494 transactions. Average transfer ~$14.8K. These aren’t contractors - this is seeding: treasury movements, filling wallets, large early conversions. Mid-August: $16.0M across 4,759 transactions. Average transfer: ~$3.4K - exactly the level of a remote contractor’s monthly rate in emerging markets. The launch was top-down. The current growth is bottom-up. This is the clearest signal of product-market fit visible on-chain.

3.5K contractors in Argentina already get paid, hold, and earn with the stablecoin wallet inside Deel. Today we're making that possible for contractors in 80+ countries across LATAM, Africa, the Middle East & APAC. Bullish DLUSD!!!

I'm running a dinner for fintech and payments nerds in SF on the 19th August. HMU if you're interested in coming :)

Unlock new revenue streams with Tempo Earn. Put idle stablecoin balances to work by allowing end users to earn on balances they already hold, and you control how rewards are split. Get early access: tempo.xyz/blog/introducing-t…

Tokenized Money for Banks: Tokenized deposits 1A. Tokenized deposit An existing deposit recorded on a tokenized ledger. -Balance-sheet impact: If the legal claim and redemption terms remain unchanged, capital, LCR and NSFR should broadly follow the underlying deposit. -Advantage: Programmability with the smallest prudential departure from conventional deposits. 1B. Deposit token A native transferable token that represents a direct, unsecured claim on the issuing bank. -Balance-sheet impact: No automatic increase in RWA, but Basel does not permit stable-retail-deposit treatment. If holders cannot always be identified, it is treated as unsecured wholesale funding, weakening LCR and NSFR. -Advantage: Bank money that can circulate beyond the bank’s conventional ledger. First-party stablecoins 2A. Own balance A reserve-backed stablecoin issued directly by the bank. - Balance-sheet impact: If backed by segregated assets, redemptions within 30 days receive a 100% LCR outflow before eligible HQLA offsets. Segregated reserves also attract NSFR encumbrance treatment, while issuance can increase leverage exposure. - Advantage: Full control over issuance, reserves, distribution and economics. 2B. Subsidiary A bank-owned entity issues the stablecoin from a separate legal balance sheet. - Balance-sheet impact: If consolidated, much of the prudential impact returns to the banking group. - Advantage: Legal separation and dedicated governance. 2C. Consortium Multiple banks issue through a common entity or shared arrangement. - Balance-sheet impact: The direct effect depends on consolidation and commitments. Equity stakes, guarantees, redemption obligations and liquidity facilities can consume CET1, leverage and LCR capacity. - Advantage: Shared infrastructure and broader distribution without one bank carrying the entire system. Third-party stablecoins 3A. Prefunded The bank holds third-party stablecoins before customer demand arises. - Balance-sheet impact: Third-party issued stablecoins normally receives at least 85% RSF and produces no assumed LCR inflow. Replacing cash or reserves with it therefore weakens liquidity ratios. Capital treatment depends on its Basel classification. - Advantage: Liquidity, immediate availability, product distribution and operational simplicity. 3B. Secured loan The bank finances stablecoin liquidity through a collateralized loan. - Balance-sheet impact: The loan enters RWA and leverage exposure. Collateral reduces capital only if Basel recognizes it, while funding the loan with HQLA can weaken LCR and NSFR. - Advantage: Provides liquidity without holding the stablecoin inventory directly. If you’d like to find out more, I’ve included the research paper in the first comment

Temp check for @aave v4 on @tempo is live! Looking fwd to engaging the Aave DAO

Paradigm’s 4th fund $1.2B to invest and build in crypto, AI, robotics, and other areas of the technical frontier

1/ We're launching global fiat onramps on Privy. Users can now buy crypto directly in your app with a card, wherever they are. @Stripe Crypto Onramp powers the US + EU, while Privy's global aggregator covers 100+ additional countries. One integration, one destination wallet.