BitGo partners with Tempo to improve Onchain payment infrastructure.

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BitGo and Tempo are partnering to provide institutional-grade onchain payment infrastructure and stablecoin mining capabilities. BitGo provides security, wallet solutions and developer tools for organizations building payment solutions on the Tempo network.

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BitGo has partnered with Tampo to provide institutional infrastructure for security, stability coin offerings, and developer tools.

The integration supports Tempo's mission to build an improved blockchain network for global payments, with faster settlements, predictable costs and native stablecoin support.

Through the partnership, BitGo will provide MPC-based wallets, tokens and APIs for on-chain payments and reconciliation. Institutions that build on Tempo get access to secure mining/burning operations and multi-legal compliance frameworks.

“BitGo brings an institutional foundation to the Tempo ecosystem,” said Simon Taylor, head of market development at Tempo. Baylor Myers, VP at BitGo, added that the collaboration will allow enterprises to extract assets, manage treasury and move value securely on the network.