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-0.000326450665143243 2.72042220952444E-05 -0.000299246443047998 -2.72042220953991E-05 0.00821567507277124 0.00467912620038622 0.00176827443619244 0.00897739329143871
Stock impact report

DoorDash Backs Tempo for Merchant and Dasher Stablecoin Payments [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
DoorDash (NASDAQ: $DASH) is moving deeper into stablecoin payments as it looks for faster and cheaper ways to move money across its global marketplace. The company is building stablecoin-powered payment infrastructure on Tempo for merchants and Dashers in more than 40 countries, with the effort focused on improving payout speed, lowering cross-border costs, and handling the more complex payment flows that come with its three-sided marketplace model. The rollout gives a large-scale consumer platform a more direct place in the stablecoin story. DoorDash is not experimenting at the edge of crypto trading or token speculation here. It is working on the far more practical problem of paying merchants and gig workers across multiple jurisdictions where payout timing, settlement rails, FX costs, and compliance needs all vary by market. Tempo says stablecoin payments on its network can settle in under a second, around the clock, which helps explain why a company with DoorDash's footprint Show less Read more
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