DoorDash Makes Major Move into Digital Finance with Stablecoin Payouts
- Stablecoin Payment Partnership: DoorDash partners with Tempo to introduce stablecoin payouts globally, with projected annualized stablecoin payment volumes for payroll and remittances reaching $90 billion by 2025, indicating a strong demand for faster, cheaper cross-border settlements.
- Infrastructure Overhaul: Unlike merely utilizing existing payment systems, DoorDash is actively involved in building new payment rails, aiming to simplify complex payment processes and enhance efficiency and responsiveness in international markets.
- Market Expansion Potential: Operating in over 40 countries, DoorDash's introduction of stablecoins will help navigate diverse payment dynamics and settlement timelines, thereby strengthening its competitive position in the global market.
- Tempo's Strategic Development: Tempo is launching a stablecoin advisory service to assist companies in evaluating and integrating stablecoin payment flows, reflecting its ambitions in digital finance, with DoorDash's involvement further propelling this initiative.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0175 | 0.0213 | 0.0237 | 0.0274 | 0.0298 | 0.0335 | 0.0359 |
| Fibonacci | 0.0213 | 0.0236 | 0.025 | 0.0274 | 0.0297 | 0.0312 | 0.0335 |
About the author
