Tempo, a payments-focused blockchain, said its weekly stablecoin transfer volume reached a new all-time high last week. The network reported more than $175 million in transaction volume for the week, according to the project's announcement. Tempo also said cumulative transaction volume has exceeded $1.2 billion since its launch in March. The update points to rising payment activity on the chain, based on figures released by the project. The disclosure was shared through Tempo's official X account and cited by Foresight in a 7x24 news brief.
Tempo, a payments-focused blockchain, said its weekly stablecoin transfer volume hit a record high last week, with transaction volume exceeding $175 million.
The project also said cumulative transaction volume has passed $1.2 billion since Tempo launched in March.
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