Kraken and Tempo partner on global payments and stablecoin infrastructure

TL;DR

• Tempo has selected Kraken as its first US centralized exchange partner, giving payments companies, neobanks, and stablecoin issuers building on Tempo access to Kraken’s full institutional stack through a single relationship.
• The partnership spans deep liquidity and OTC, on/off-ramps, qualified custody, and introductions to Kraken listings, coordinated across one partnership rather than five vendor conversations.
• USDT0 and USDC.e deposits and withdrawals are live on Kraken via Tempo, with native support for the chain.
• Qualified custody from a US-regulated custodian for stablecoin reserves, operating treasuries, and protocol assets, built for the full lifecycle of token operations.

Built for moving money onchain at scale

As payment platforms, neobanks, remittance providers, and merchant networks bring more of the world’s payment volume onchain, they need infrastructure that can handle real money movement at real scale.

Tempo, the Layer 1 purpose-built for stablecoin payments and incubated by Paradigm and Stripe, is where many of those teams are landing. And to support them, Tempo has chosen Kraken as its first US centralized exchange partner.

For payments and stablecoin teams building on Tempo, the partnership opens access to Kraken’s full institutional layer (liquidity, on/off-ramps, custody, listings, and execution), coordinated through one relationship. Two category-defining teams, working together to make moving money onchain faster, deeper, and more credible.

USDT0 and USDC.e deposits and withdrawals are live on Kraken via Tempo, making Kraken the first major US exchange to natively support the chain.

The Kraken Institutional stack on Tempo

Kraken Institutional is built for the kind of companies coming to Tempo. Whether you’re settling cross-border flows, issuing a stablecoin, or launching a token, the full stack is available from day one:

• Deep liquidity and OTC. Kraken sits at the bottom of the stablecoin payments stack: the institutional settlement venue for orchestrators, PSPs, and on/off-ramps moving real volume. Spot and OTC liquidity across stablecoins, fiat pairs, and major assets, with multi-currency coverage in the regions where stablecoin payments are growing fastest.
• On/off-ramps. Direct via UI, programmatic via API, or embedded into your product via Payward Services (Payward is Kraken’s parent company). Built for the kinds of flows Tempo’s customers are running, like cross-border payments, payouts, remittance, and settlement.
• A direct path to Kraken listings. First-look access to Kraken’s listings team for tokens and stablecoins launching natively on Tempo.
• Distribution to millions of verified users. Real demand from day one, not a cold start, with amplification across Kraken’s owned channels.
• Compliance handled. KYB, transaction monitoring, and sanctions screening built into Kraken’s regulatory stack so teams don’t have to stand it up themselves.
• Qualified custody. Kraken Financial, a Wyoming SPDI, custodies stablecoin reserves, operating treasuries, and protocol assets under one of the cleanest US regulatory wrappers available.
• Coordinated through one relationship. Custody, listings, OTC, on/off-ramps, and ecosystem distribution managed across one partnership, not five vendor conversations.

As payments move onchain globally, Tempo and Kraken are building the infrastructure to make it compliant, credible, and scalable.

Ready to learn more about the full-stack launch partner for protocols?

Geographic restrictions may apply.

Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.

OTC services, including spot trading, derivatives, and lending, are offered by Payward Oceanic Ltd., a member of the Kraken Group. These products are available only to eligible clients and may not be offered in all jurisdictions. OTC transactions involve risk and may result in the loss of capital. This communication is for informational purposes only and does not constitute investment, legal, or tax advice. Availability is subject to applicable laws and regulatory requirements.

Custody services are provided by Payward Financial, Inc. or Payward Europe Solutions, Ltd, as applicable. Payward Financial, Inc. d/b/a Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC. Payward Europe Solutions Limited, trading as Kraken, is regulated by the Central Bank of Ireland.

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