DoorDash to Add Stablecoin-Powered Payouts Through Tempo
The brief announcement says DoorDash plans to use Tempo to introduce stablecoin payouts on its platform, pointing to a new crypto-based payment option.
Summary
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Terms & Concepts
Stablecoin: A cryptocurrency designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.
Crypto payout: A payment made in digital assets rather than through traditional bank transfer or card networks.
Blockchain payment rail: Infrastructure that uses blockchain networks to move value digitally between parties.