Why Tempo choose to built on Stellar?
i get to known most of the crypto payment gateway are based on ERC20 due to its stability.
Hi Kuan Ming.
The key features of Stellar includes a distributed ledger and the fact that Stellar is not for profit, with admission to lower the costs of international payments. Today, Tempo is the main Stellar
anchor in Europe, acting as a hub with connections to many other foreign payer’s via the
Stellar rail.
Besides, Stellar connectivity improves payment speed, lowers payment costs and decreases drastically working capital requirements, one of the major cash constraints faced by remitters.
Furthermore, Stellar has 3-5 second settlement, integrated compliance protocol and can process
thousands of transactions per second.