Tuesday, January, 21, 2025

Kraken Expands Support for Tempo Stablecoin Payments Network

Kraken adds native Tempo support, linking stablecoin payments with trading, custody, fiat ramps, OTC liquidity, and compliance tools.
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Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.
  • Kraken becomes the first major US exchange to add native Tempo network support.
  • USDT0 and USDC.e deposits and withdrawals are now live on Kraken through Tempo network.
  • Tempo users can access Kraken liquidity, custody, fiat ramps, and compliance tools.

Kraken has partnered with Tempo, a Layer 1 blockchain built for stablecoin payments. The agreement makes Kraken the first major US-based centralized crypto exchange to natively support Tempo. The integration connects Tempo assets with Kraken trading, custody, and services.

According to the announcement, the partnership is aimed at fintech firms, neobanks, payment providers, and stablecoin issuers. These groups can use Kraken for liquidity, custody, on- and off-ramps, and related services. The exchange will serve as one direct provider.

Kraken Expands Stablecoin Access Through Tempo

Deposits and withdrawals for USDT0 and USDC.e are now live on Kraken through Tempo. The launch links supported assets on the network with Kraken’s broader trading infrastructure. It gives users a direct route for moving supported stablecoins between both platforms securely.

In liquidity and OTC trading, Kraken will provide access to stablecoins, fiat pairs, and major crypto assets. The services are intended for treasury management and large institutional conversions. Institutional users can use spot and OTC markets directly through the exchange.

The deal also extends to fiat and stablecoin transactions via Kraken APIs and services. This can facilitate cross-border payments, remittances, and payout products. Kraken Financial, a Wyoming Special Purpose Depository Institution, will offer qualified custody services for stablecoin reserves.

Also Read: FCA Warns Premier League Clubs Over Crypto Sponsorship Risks

Tokens and stablecoins launched on Tempo could also be formally reviewed by Kraken’s listings team. That process could facilitate the access of those assets to market distribution if they are eligible for it. Compliance support comprises Know Your Business checks, transaction monitoring, and sanctions screening for institutional clients.

Kraken Plans CFTC Regulated Perpetual Futures

The Tempo partnership follows another US product plan from Kraken. On May 29, 2026, the exchange unveiled its intentions to launch CFTC-regulated perpetual futures contracts. According to Kraken, qualified US crypto traders will have access to the product via Kraken Pro.

The announcement and related filing say that eligible clients will be expected to use the contracts within 30 days of the contracts being available on Kraken Pro. The product will be offered in addition to spot trading, margin trading, and crypto futures offered on CME. Access will remain within one interface.

The developments demonstrate the centralized exchanges’ integration with payment-focused blockchain networks. Issuers of stablecoins frequently require liquidity, custody, compliance, and fiat access. Those services will be provided to Tempo users via Kraken instead of each user developing each function independently.

The integration comes as stablecoins see wider use in payments and settlement. Regulatory and operational needs remain for companies on blockchain rails. Kraken and Tempo are building the collaboration around those needs, particularly for large institutional and payment-focused users.

Also Read: Tether Launches World’s First Gold-Backed Visa Card With Up to 6% XAU₮ Cashback

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