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DoorDash Teams Up with Tempo on Stablecoin Payments for Its Global Marktplace

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DoorDash Teams Up with Tempo on Stablecoin Payments for Its Global Marktplace

Tempo also announced it’s launching a Stablecoin Advisory.

DoorDash is working with stablecoin-focused blockchain Tempo to build stablecoin-powered payouts to merchants and Dashers across more than 40 countries, Tempo announced in an X post today, April 21.

The delivery giant, which has been a Tempo design partner since the project was first announced in September 2025, is now moving into production, targeting faster and cheaper settlements across a three-sided marketplace that previously relied on fragmented regional rails.

Alongside the DoorDash news, Tempo, which is incubated by Stripe and Paradigm, announced that it’s launching Stablecoin Advisory, a consulting practice staffed by payments specialists, banking experts, and engineers to help other enterprises navigate the same path.

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The advisory service covers use case scoping, solution architecture, and direct engineering support, with access to Tempo’s network of custody, compliance, and on/off-ramp partners.

Tempo also shared development updates from its other design partners today in the same X post. ARQ (formerly DolarApp, backed by Sequoia and Founders Fund) is migrating its cross-border payment infrastructure to Tempo to serve over 2 million customers across Mexico, Colombia, Argentina, and Brazil, with $10 billion in annualized volume.

Coastal Financial is pairing its existing institutional compliance messaging with stablecoin settlement on Tempo to cut cross-border transfers from days to minutes for its network of fintech clients.

Meanwhile, per today’s X post, Stripe — one of the two firms behind Tempo alongside Paradigm — is using the network as core blockchain infrastructure for its stablecoin money management capabilities, enabling millions of businesses to hold, send, and receive stablecoins across more than 100 countries.

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Last week, Tempo unveiled Tempo Zones, private execution environments where only transaction counterparties see the details. The feature is designed for enterprises with use cases like payroll and treasury settlement, and directly based on requirements from Tempo’s design partners.

The announcements reflect a broader shift in institutional appetite for stablecoin infrastructure.

Also last week, Singapore’s Gulf Bank recently launched a Solana USDC mint and redeem service for high-net-worth clients, underscoring that traditional financial institutions are moving beyond pilots into live products.

On the retail user side, yesterday, self-custodial wallet Tangem announced the global rollout of its Visa-powered payments tool, which lets users spend USDC via virtual Visa cards.

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This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

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Crypto World

New York Sues Coinbase, Gemini Over Unlicensed Markets

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New York State, Polymarket, Kalshi, Prediction Markets

New York’s attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to court records cited by Reuters.

Copies of the complaints show the state alleges both exchanges failed to obtain licenses from the New York State Gaming Commission to operate their markets, Reuters reported

“Gambling by another name is still gambling, ​and it ​is not ⁠exempt from regulation under our state laws and Constitution,” Attorney General Letitia James said in a statement.

James said the lawsuit seeks to recover alleged illegal profits from operating prediction markets in the state, as well as restitution, and would bar Coinbase and Gemini from offering such products to individuals under 21 years of age.

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New York State, Polymarket, Kalshi, Prediction Markets
Source: Office of New York State Attorney General

Related: Polymarket in talks to raise $400M at a $15B valuation: Report

State regulators crack down on prediction markets

The move fits into a broader push by state regulators, including New York, to assert control over prediction markets, which occupy a fast-growing corner of crypto commerce that allows users to bet on real-world events.

Much of the recent scrutiny has centered on platforms like Polymarket and Kalshi, which have drawn questions over whether their products fall under financial regulation or gambling laws.

The tension has also reached the federal level. The Commodity Futures Trading Commission (CFTC) has taken legal action against several states attempting to regulate prediction markets, arguing it has sole authority over the sector.

New York’s lawsuit underscores a key risk for crypto companies. Even as the federal stance has softened, state-level enforcement remains active. By targeting prediction-style markets, regulators may be opening a new front — one that could force platforms to rethink how these products are offered in major jurisdictions.

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Nevertheless, not every company is taking it lightly. As Cointelegraph reported, Polymarket has filed a lawsuit against Massachusetts, arguing the state lacks authority to regulate prediction markets approved by the CFTC.

New York State, Polymarket, Kalshi, Prediction Markets
Source: Neal Kumar, chief legal office, Polymarket

Related: NYSE parent ICE completes new $600M investment in Polymarket