Kraken now helps deposits and withdrawals of USDT0 on the Tempo community, making Kraken the primary main US change to natively assist Tempo. Shoppers can transfer stablecoins on Tempo with sub-second settlement and pay community charges instantly in USD stablecoins, with no separate fuel token required.
Funding
USDT0 funding by way of Tempo is now dwell. Deposit hyperlink beneath.
Be certain that to deposit your tokens into networks supported by Kraken. Deposits made utilizing different networks will likely be misplaced.
About Tempo and USDT0
Tempo
Tempo is a purpose-built Layer 1 blockchain for funds, incubated by Paradigm and Stripe and formed with enter from category-defining fintechs, banks, and commerce platforms. Designed for real-world funds at scale, Tempo affords deterministic settlement in roughly 0.6 seconds with no re-orgs, devoted fee lanes for assured low charges even throughout peak exercise, and stablecoin-native fuel — letting customers pay transaction charges in USD stablecoins as an alternative of a unstable community token. This makes Tempo well-suited for shifting stablecoins at scale throughout cross-border funds, payroll, embedded finance, and institutional cash motion.
USDT0
USDT0 is Tether’s omnichain model of USDT, designed to maneuver natively throughout supported networks whereas remaining 1:1 redeemable for the underlying USDT reserve. On Tempo, USDT0 offers shoppers with a quick, low-cost rail for dollar-denominated transactions.
Please be aware:
- Buying and selling by way of Kraken App and Prompt Purchase will likely be accessible as soon as the liquidity situations are met (when a ample variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
- Geographic restrictions could apply
Will Kraken make extra belongings accessible?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s accessible tokens will be discovered right here, and all future tokens will likely be introduced on our Listings Roadmap and social media profiles. Our shopper engagement specialists can not reply any questions on which belongings we could also be making accessible sooner or later.
Though the time period “stablecoin” is usually used, there isn’t a assure that the asset will preserve a steady worth in relation to the worth of the reference asset when traded on secondary markets or that the reserve of belongings, if there’s one, will likely be enough to fulfill all redemptions.