DoorDash Partners with Tempo for Stablecoin Payouts

DoorDash, the major food delivery platform operating in more than 40 countries, is partnering with Tempo, a blockchain network developed by Stripe and investment firm Paradigm, to introduce stablecoin payouts for its delivery drivers and merchants. The initiative, announced as part of Tempo's launch of a new advisory service for businesses, aims to provide faster and lower-cost alternatives to traditional banking transfers, particularly for cross-border payments.

Tempo, which formally launched in March 2026 after raising $500 million at a $5 billion valuation in October 2025, is designed specifically for payment processing using stablecoins, digital assets pegged to fiat currencies like the U.S. dollar to avoid volatility. Unlike general-purpose blockchains, Tempo offers sub-second settlement times, predictable fees, and private transaction channels to handle high-volume micropayments efficiently. DoorDash's integration will allow drivers, known as Dashers, to opt for payouts in stablecoins through integrated wallets, enabling near-real-time access to earnings that can be converted to local currency or used where accepted.

The collaboration targets key challenges in DoorDash's...