Particle.news
Download on the App Store
15 ARTICLES
·
last wk.

Stripe and Paradigm Unveil Tempo, a Payments‑First Blockchain for Stablecoins

A private testnet now lets major partners pilot high‑throughput stablecoin rails with predictable fees plus opt‑in privacy.

Tempo: The Blockchain Designed for Payments
Patrick Collison, chief executive officer and co-founder of Stripe, left, smiles as John Collison, president and co-founder of Stripe
Stripe ceo patrick collison explains why businesses are turning to stablecoins
Image

Overview

  • Tempo is an EVM‑compatible Layer‑1 built on Reth that targets over 100,000 transactions per second with sub‑second finality via a dedicated payments lane.
  • Gas fees are paid in any stablecoin through a built‑in automated market maker, with no native token announced and no public mainnet date disclosed.
  • Early design partners include Visa, Deutsche Bank, Standard Chartered, Shopify, OpenAI, Anthropic, DoorDash, Revolut, Nubank, Mercury, Lead Bank, and Coupang.
  • The network focuses on real‑world flows such as global payouts, payroll, remittances, tokenized deposits, microtransactions, embedded accounts, and agentic AI payments.
  • Incubated at Stripe as an independent entity, Tempo is led by Paradigm’s Matt Huang with a roughly 15‑person team, starting with a diverse validator set and a roadmap to permissionless validation.