Daya partners with Tempo to enable stablecoin-powered cross-border payments for African businesses with local collection, FX conversion, and global settlement.
DeFi & Yields ·
Daya has partnered with Tempo to build cross-border payment infrastructure tailored to African businesses. The integration combines local currency collection, foreign exchange conversion, and final settlement on Tempo's blockchain within a single platform, addressing liquidity and settlement friction for regional payment flows.
Tempo is a payments-focused Layer 1 blockchain incubated by Stripe and Paradigm, designed to handle stablecoin transactions at institutional scale. The network targets 100,000+ transactions per second with sub-millisecond finality and transaction costs below one-tenth of a cent, supported by validators including Visa, Stripe, and Standard Chartered. Tempo's architecture allows transactions to be denominated and settled in stablecoins directly, removing the need for users to hold a volatile native token — a structural difference from general-purpose blockchains built for a broader set of applications.
The partnership addresses a gap in cross-border payment infrastructure for African firms, where conventional rails impose delays and FX costs. Neither the scope of merchants onboarded nor a timeline for rollout has been disclosed.