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Key facts Kraken became the first major US centralized exchange to natively support the Tempo Layer 1 blockchain on 1 June 2026, when USDT0 deposits and withdrawals went live on the exchange via Tempo. Kraken Institutional announced full institutional services for the Tempo ecosystem on 4 June 2026. The services include custody, over-the-counter (OTC) trading, fiat on/off-ramps, and listings support, available to Tempo builders through a single integration.

USDT0 settles on Tempo in under 0.6 seconds with stablecoin-native gas feesTempo achieves deterministic settlement in approximately 0.6 seconds with no blockchain reorganizations. Users pay transaction fees in USD stablecoins instead of a separate volatile network gas token. Exchanges settling stablecoin withdrawals on Ethereum, Solana, or Polygon must hold ETH, SOL, or POL to cover gas fees. Tempo removes that requirement — fees are paid in the same stablecoins the exchange already holds. USDT0 is Tether's omnichain version of USDT. It moves natively across supported networks and remains 1:1 redeemable for the underlying USDT reserve. According to the 4 June announcement, USDC.e deposits and withdrawals are also live on Kraken through Tempo.

Kraken provides custody, OTC trading, and compliance tools for Tempo ecosystem buildersFintech companies, neobanks, payment providers, and stablecoin issuers building on Tempo now access Kraken's institutional stack through a single integration. Kraken Financial, a Wyoming Special Purpose Depository Institution (SPDI), provides qualified custody for stablecoin reserves and protocol assets. The partnership also includes Know-Your-Business (KYB) checks, transaction monitoring, and sanctions screening. Tokens and stablecoins launched on Tempo may also receive support from Kraken's listings team.

Tempo is a stablecoin payments chain incubated by Stripe and ParadigmTempo is a purpose-built Layer 1 blockchain for stablecoin payments, incubated by Stripe and Paradigm. The network was announced on 4 September 2025 with a design partner roster that includes Deutsche Bank, Revolut, Shopify, Nubank, and OpenAI. MoneyGram operates as an anchor validator on the network. Tempo is designed for cross-border payments, payroll, embedded finance, and institutional money movement at scale.

Primary source: Kraken blog — 1 June 2026 Tempo achieves deterministic settlement in approximately 0.6 seconds with no blockchain reorganizations. Users pay transaction fees in USD stablecoins instead of a separate volatile network gas token. Exchanges settling stablecoin withdrawals on Ethereum, Solana, or Polygon must hold ETH, SOL, or POL to cover gas fees. Tempo removes that requirement — fees are paid in the same stablecoins the exchange already holds. USDT0 is Tether's omnichain version of USDT. It moves natively across supported networks and remains 1:1 redeemable for the underlying USDT reserve. According to the 4 June announcement, USDC.e deposits and withdrawals are also live on Kraken through Tempo.

Primary source: Kraken blog — 1 June 2026 Fintech companies, neobanks, payment providers, and stablecoin issuers building on Tempo now access Kraken's institutional stack through a single integration. Kraken Financial, a Wyoming Special Purpose Depository Institution (SPDI), provides qualified custody for stablecoin reserves and protocol assets. The partnership also includes Know-Your-Business (KYB) checks, transaction monitoring, and sanctions screening. Tokens and stablecoins launched on Tempo may also receive support from Kraken's listings team.

Primary source: Kraken blog — 1 June 2026 Tempo is a purpose-built Layer 1 blockchain for stablecoin payments, incubated by Stripe and Paradigm. The network was announced on 4 September 2025 with a design partner roster that includes Deutsche Bank, Revolut, Shopify, Nubank, and OpenAI. MoneyGram operates as an anchor validator on the network. Tempo is designed for cross-border payments, payroll, embedded finance, and institutional money movement at scale.

Primary source: Kraken blog — 1 June 2026 Primary source: Kraken blog — 1 June 2026 Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment. All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions. Coinpaprika is not liable for any losses resulting from the use of this information.