Wirex Integrates Tempo for Enterprise Stablecoin Card Settlement
Wirex has integrated Tempo as a settlement option for its enterprise stablecoin card programs. This move comes after Tempo processed over $1 billion in transfers within a 30-day period.
The integration combines Wirex's licensed card services with Tempo's Layer 1 network, which was developed specifically for stablecoin payments.
Tempo's blockchain features settlement times of under one second, stablecoin-denominated transaction fees, and dedicated payment capacity. Network charges can be paid with stablecoins, removing the need for customers to hold a separate blockchain token solely for gas.
The integration does not mean Wirex has issued a new stablecoin or launched a new consumer card. Instead, it gives existing and prospective enterprise clients another blockchain option when constructing card programs through Wirex's infrastructure.