Onchain Infra · Assets & Trust · 14 / 22
Stablecoins
Dollars as data
Tokens pegged to a currency, mostly the dollar. They're the unit most onchain finance is priced, paid and settled in.
Where it connects
How It Works
- 01MintDeposit dollars or collateral, receive tokens.
- 02MoveTransfer anywhere, any hour.
- 03RedeemReturn tokens for dollars at par.
Designs
01
Fiat-backed
Cash and Treasuries held by an issuer.
02
Crypto-backed
Overcollateralized onchain vaults.
03
Synthetic
Hedged positions, like spot plus short perps.
Who Builds It
Across ecosystems, not one chain.
USUSDTTetherLargest by supply
USUSDCCircleRegulated, attested reserves
PYPYUSDPaxos · PayPalPayments-focused
USUSDS · DAISkyCrypto-backed
USUSDeEthenaDelta-neutral synthetic
EUEURCCircleEuro stablecoin
What to Compare
01
Reserve quality and attestations
02
Redemption speed
03
Chains and regulatory status
On Tempo
On Tempo · In the protocol
Stablecoins are first-class: TIP-20 tokens with memos, shared compliance policies and issuer controls.
TIP-20
Token standard
32B
Memo per transfer
OUSD
Default dollar
TIP-20
Token$
OUSD
0x20c0…be
6 decimals · USD
Transfer
+ memo$12,400.00
INV-2041
32 bytes · ISO 20022
TIP-403
PolicySender allowlist
Recipient check
Authorized
Virtual address
T3customer-8812
0x…a1b2
forwards to
Master wallet
Issuer controls
MintBurnSupply capPauseburnAt (T12)RolesPermit (EIP-2612)logoURI
Transfer memos
ISO 20022Invoice IDs ride with every payment
Virtual addresses
T3Per-customer deposit addresses, no sweeps
Issuer controls
Roles, supply caps, pause, authorized burns
Used By
StripeTreasuryStablecoin RailsISO 20022 Memos
DeelPayrollStablecoin RailsCompliance Controls
DoorDashMarketplace payoutsStablecoin RailsISO 20022 MemosCompliance Controls
Coastal BankBankingStablecoin RailsISO 20022 MemosCompliance Controls
Howard HughesCorporate treasuryISO 20022 MemosStablecoin RailsCompliance Controls
KartaSelf-custody money appISO 20022 Memos
ARQCross-border fintechStablecoin RailsCompliance ControlsISO 20022 Memos
KASTCards & EarnISO 20022 Memos
MoneyGramRemittanceStablecoin RailsISO 20022 Memos
OnePayConsumer fintechStablecoin RailsCompliance Controls
AltitudeBusiness finance OSStablecoin Rails