Overview

• Matt Huang will serve as Tempo’s first CEO while maintaining his role at Paradigm and his seat on Stripe’s board.
• Tempo is a Layer-1 network built for high-volume, payments-focused settlement that supports Ethereum’s Solidity programming language.
• The project has operated under the radar through a small development team and was first revealed by a now-removed Blockchain Association job listing.
• Stripe has already acquired Bridge for $1.1 billion and purchased wallet provider Privy to complete its end-to-end stablecoin payments infrastructure.
• Key details such as a public launch timeline and the issuance of a native token remain unannounced, and both companies have declined to comment.