Tempo plans to launch Open USD (OUSD), a stablecoin designed specifically for business payments, settlement, and treasury functions on its Layer 1 blockchain. This blockchain infrastructure supports stablecoin fees, fast transaction finality, and a decentralized exchange for stable assets. OUSD, announced by Open Standard, is backed by over 140 businesses including major players like Visa, Mastercard, and Coinbase, allowing businesses to mint and redeem without fees or volume limits. Tempo's deployment aims to enhance stablecoin use in payment-related activities, leveraging its payments-first blockchain incubated by Stripe and Paradigm.
Tempo's plan for a native Open USD stablecoin is presented here with Pluang's market data as of Sep 30, 2026 22:03 WIB. On that day, out of 50 major cryptocurrencies priced on Pluang, 9 rose and 40 fell. Notable price changes include EOS rising 8.13% to Rp12.649, ONE falling 7.97% with a 57% sell order activity, and ALGO dropping 6.69% with a 53% buy order activity.
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