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Matt Huang, co-founder and managing partner at Paradigm, announced that Deel is launching stablecoin functionality exclusively on the Tempo platform.
The rollout will begin in Argentina, with plans to expand across Latin America, APAC, the Middle East, and Africa. Users will be able to hold USD, earn rewards, and spend via a card, according to the announcement.
Huang previously highlighted Paradigm’s $110 million investment in manufacturing service provider SendCutSend, confirming the firm’s focus on technology-driven businesses. Paradigm co-founder Matt Huang announces a $110 million investment in SendCutSend, a key manufacturing service provider for robotics and... He has also described crypto-enabled CRBS on TradeX as an effective solution for pre-IPO price discovery. Matt Huang of Paradigm states that crypto-enabled CRBS on TradeX provide the most effective pre-IPO price discovery solutions. These developments follow recent expansions in digital asset offerings.