🎉 Stripe🇺🇸introduces the Tempo blockchain for stablecoin payments

🎉 Stripe🇺🇸introduces the Tempo blockchain for stablecoin payments

The project is being developedwith a focus on payments, money transfers, and new use cases — such as microtransactions and machine-to-machine transactions.

▶️Tempo is the result of a collaboration between Stripe — leveraging its global infrastructure and customer base — and the crypto-focused venture capital firm Paradigm🇺🇸. Development will also involve contributions from Anthropic, OpenAI, Deutsche Bank, and Shopify.

▶️The platform will operate as a layer-1 (L1) blockchain.

▶️Unlike most networks that require native tokens to cover transaction fees, Tempo will use existing stablecoins.

▶️By default, it promises privacy, scalability, and low-cost transactions.

▶️And the launch date?❓— For now, no timeline has been announced 😒.

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