Backpack now supports @USDT0_to deposits and withdrawals on @tempo. Tempo is built for stablecoin payments, with sub-second finality and stablecoin-native gas. Stablecoins power funding across crypto, perps, stocks, and yield, all within one Backpack account.

Backpack now supports @USDT0_to deposits and withdrawals on @tempo. Tempo is built for stablecoin payments, with sub-second finality and stablecoin-native gas. Stablecoins power funding across crypto, perps, stocks, and yield, all within one Backpack account.

0x Swap API now supports autonomous agent payments. Agents call 0x Swap API and pay $0.01 per request in USDC from their own wallet. No API key required. Built with @Alchemy's AgentPay.

The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion. There's a long way to go, but it's cool to see real usage already emerging. (It took Stripe a lot longer than 93 days to get to $3 billion.) • As a blockchain, we obviously don't know about all the different use-cases. (Please tell us if you're doing something cool with Tempo!) Larger companies using Tempo include @Deel, which is using Tempo to pay out to their vast network of contractors, and @Meta, which is using it via @Link for global payouts. There are a bunch of other large companies working on Tempo integrations that'll be announced soon. • Internally, developing on Tempo has been fun, and Tempo is now Stripe's default blockchain for new features. • On the AI side of things, there appear to be around 1,000 active services selling to agents via the Machine Payments Protocol (@mpp). There's a useful directory of available services at mppscan.com. 570 unique agents, for example, seem to have purchased from @ExaAILabs, and 332 from @openweather. I don't know how long it'll take for this use-case to become big, but it seems all-but inevitable that it will within a few years. • Today, @Stripe, @Visa, and @StanChart are running Tempo validators. Validation will become more decentralized over time. • The Tempo team is building a lot of new protocol functionality. For example, privacy zones, receive policies, and virtual addresses. (Details for all on the Tempo blog: tempo.xyz/blog.) In general, our belief is that there's a lot of functionality to be built at the blockchain level to make higher-level applications easy and performant. The original thesis behind Tempo was that both AI and stablecoins would stretch blockchains in new ways, with need for privacy, fees denominated/payable in stablecoins, batch transactions, microtransactions, faster confirmations, and so forth. Overall, this still seems like the right set of bets, and the agentic stuff is happening somewhat faster than I was expecting. "1M stablecoin TPS, with the vast majority from agents" still seems like the right north star.

The @Tempo mainnet launched 93 days ago. Quick summary of the current state: • Run rate payment volume is around $3 billion. There's a long way to go, but it's cool to see real usage already emerging. (It took Stripe a lot longer than 93 days to get to $3 billion.) • As a blockchain, we obviously don't know about all the different use-cases. (Please tell us if you're doing something cool with Tempo!) Larger companies using Tempo include @Deel, which is using Tempo to pay out to their vast network of contractors, and @Meta, which is using it via @Link for global payouts. There are a bunch of other large companies working on Tempo integrations that'll be announced soon. • Internally, developing on Tempo has been fun, and Tempo is now Stripe's default blockchain for new features. • On the AI side of things, there appear to be around 1,000 active services selling to agents via the Machine Payments Protocol (@mpp). There's a useful directory of available services at mppscan.com. 570 unique agents, for example, seem to have purchased from @ExaAILabs, and 332 from @openweather. I don't know how long it'll take for this use-case to become big, but it seems all-but inevitable that it will within a few years. • Today, @Stripe, @Visa, and @StanChart are running Tempo validators. Validation will become more decentralized over time. • The Tempo team is building a lot of new protocol functionality. For example, privacy zones, receive policies, and virtual addresses. (Details for all on the Tempo blog: tempo.xyz/blog.) In general, our belief is that there's a lot of functionality to be built at the blockchain level to make higher-level applications easy and performant. The original thesis behind Tempo was that both AI and stablecoins would stretch blockchains in new ways, with need for privacy, fees denominated/payable in stablecoins, batch transactions, microtransactions, faster confirmations, and so forth. Overall, this still seems like the right set of bets, and the agentic stuff is happening somewhat faster than I was expecting. "1M stablecoin TPS, with the vast majority from agents" still seems like the right north star.

1/ Gas sponsorship is now live for @tempo Transactions. Your users can move money without worrying about gas fees. Whether they're funding an account, paying a contractor, or sending stablecoins, transactions just work.