Tempo launches private stablecoin payments for businesses, with Deel as first user

Tempo has officially launched Zone, a private payments feature for businesses, according to an official blog post from the blockchain project backed by global payments infrastructure firm Stripe.

Zone allows companies to access Tempo’s global liquidity without publicly disclosing stablecoin balances or payment records, while also offering compliance features such as limits on transaction participants and permitted assets. Deel, a global workforce management and payroll platform, is the first company to adopt Zone and plans to use it to pay contractors worldwide while keeping recipients, payment amounts and individual balances private.

Source: Coinness