Kraken Partners with Tempo to Offer Stablecoin and Payment Infrastructure

Partnership Scope

Tempo selected Kraken as its first centralized exchange partner in the US, creating a consolidated relationship that replaces what would otherwise be five separate vendor conversations. The partnership covers deep liquidity and OTC execution, on/off-ramp services, qualified custody for reserves and protocol assets, and coordinated introductions to Kraken's listing process.

Live Services and Custody

UST and USDC.e deposits and withdrawals are now live on Kraken via Tempo, with native chain support. Tempo's qualified custody offering, operated through a US-regulated custodian, covers stablecoin reserves, operating treasuries, and protocol assets across the full lifecycle of token operations.

Target Customers

The infrastructure is designed for payment platforms, neobanks, remittance providers, and merchant networks that move payment volume on-chain at scale. By consolidating multiple service layers—liquidity access, custody, and on-ramp connectivity—under one partner relationship, the offering aims to reduce friction and compliance complexity for institutions building payment rails on blockchain.

Why It Matters

For Traders

Expanded stablecoin on/off-ramp options and OTC liquidity on Kraken may improve execution for institutional-sized payment flows, though near-term retail trading impact is limited.

For Investors

The partnership signals institutional adoption pressure around stablecoin infrastructure; deeper integration between exchanges and payment layers reduces friction for real-world asset flows.

For Builders

Payment and neobank teams building on stablecoin chains now have a single institutional counterparty for liquidity, custody, and listings rather than negotiating separately with exchange, custodian, and OTC providers.