BaaS provider Coastal Bank partners Tempo for cross border stablecoin payments
Coastal Bank, the Nasdaq listed bank, has partnered with the Tempo blockchain, co-founded by Paradigm and Stripe, to enable cross border payments using stablecoins.
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Coastal, a roughly $4.7 billion-asset Nasdaq-listed BaaS bank, joins Visa, Fifth Third and DoorDash on the Stripe- and Paradigm-incubated Tempo chain, keeping ISO 20022 messaging and AML checks around minutes-fast stablecoin settlement.
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