Kraken now supports deposits and withdrawals of USDT0 And USDC.e on the Tempo network, with native channel support. This makes Kraken the first US centralized exchange to support Tempo, giving fintechs, neobanks, payments companies and stablecoin issuers leveraging Tempo access to the full Kraken stack.
Customers can move stablecoins on Tempo with sub-second settlement and pay network fees directly in USD stablecoins, with no separate gas token required.
Funding
USDT0 and USDC.e funding through Tempo is now available. Deposit link below.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
About Tempo
Tempo is a layer 1 blockchain purpose-built for payments, incubated by Paradigm and Stripe and shaped with input from category-defining fintechs, banks and commerce platforms. Built for real-world payments at scale, Tempo offers settlement in approximately 0.5 seconds without reorganization, dedicated payment lanes for guaranteed low fees even during peak activity, and native gas stablecoin – allowing users to pay transaction fees in USD stablecoins instead of a separate gas token.
This makes Tempo well-suited for moving stablecoins at scale in cross-border payments, payroll, embedded finance, institutional money movement, and other payments use cases.
Please note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is to never reveal details shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on our announcement roadmap and on our social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value relative to the value of the reference asset when traded in secondary markets or that the asset reserve, if any, will be sufficient to satisfy all redemptions.
