The Morpho vault lends against cbBTC collateral, but nearly all its assets remain idle rather than deployed into loans.

Contractor balances and payout history stay out of public view, while Deel retains records for reconciliation and audit.

The payroll platform's dollar balance, issued through Stripe's Bridge and settled on Tempo, is now live across Latin America, Africa, the Middle East and Asia-Pacific. The US, UK, EU and Australia remain excluded.

Tempo Earn routes rewards through Morpho vaults and tokenized money market funds, placing the payment outside the stablecoin issuer that US law bars from paying interest. Deel's contractor wallet is the first named deployment, at a promotional target rate of up to 4% APY.

The payments-focused blockchain Tempo has settled 3.9M transactions across 177K addresses since mainnet launch in March, with stablecoin supply exceeding $25M and full Dune Analytics integration live.

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.

Tempo also announced it's launching a Stablecoin Advisory.

The Stripe-incubated blockchain is pitching privacy as the missing piece for institutional stablecoin adoption.

The payments-focused blockchain plans to expand its validator set with additional partners as it progresses toward fully permissionless validation.

The payments-focused L1 launches with a slew of fintech and TradFi partners, while MPP is aimed at enabling agentic commerce.