Tempo L1 Hits 3.9M Transactions in Two Months
Tempo, a Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions throughout 177,000 addresses since mainnet launched on March 18, based on knowledge shared by Dune Analytics.
The chain’s native TIP-20 stablecoin normal now helps circulating provide exceeding $25M throughout a number of issuers and yield-bearing token variants.
The TIP-20 normal makes stablecoins native to the Tempo protocol by way of precompile-based implementation relatively than ERC-20 contracts. Issuers acquire entry to programmable insurance policies together with switch guidelines, allowlists, and charge logic enforced on the chain degree.
Stablecoin provide is distributed throughout a number of issuers: pathUSD anchors the community at $8.2M, whereas USDB, USDT0, and Stargate-bridged $USDC.e and EURC.e every maintain between $4.5M and $5.5M in circulating provide.
The ecosystem additionally helps yield-bearing variants together with Ethena’s sUSDe and USDe, Frax Finance’s USD, Capitole’s cUSD and stcUSD, and Maple Finance’s syrupUSDC.
Tempo’s structure permits fuel fee instantly in stablecoins, differentiating the chain from networks that require native tokens for transaction charges. The mixture of stablecoin-native design and early transaction quantity metrics suggests the protocol is gaining adoption inside its goal funds use case.
Tempo is now totally listed on Dune alongside main blockchains, with a maintained stablecoins dataset that normalizes provide, transfers, and holders throughout issuers and networks. The combination permits direct comparability of Tempo’s TIP-20 stablecoins towards Tron $USDT, Solana $USDC, and Ethereum’s stablecoin float in single queries.
Sources: Dune Analytics | Dune Analytics | Dune Analytics
