Stripe and Paradigm’s Ethereum-Compatible Blockchain ’Tempo’ Set to Revolutionize Payments

Stripe, in collaboration with crypto venture firm Paradigm, is developing a new Layer 1 blockchain named 'Tempo,' as revealed by a since-removed job posting. This enterprise-focused project, currently in stealth mode with a five-person team, aims to create an Ethereum-compatible network optimized for payments. The initiative underscores Stripe's growing ambitions in the cryptocurrency space, following its $1.1 billion acquisition of a stablecoin company. Tempo is poised to enhance payment efficiency and scalability, potentially positioning itself as a significant player in the blockchain payments sector. This development could further bolster Ethereum's ecosystem by introducing a specialized network tailored for high-throughput transactions.

Stripe Collaborates With Paradigm to Develop Payments-Focused Blockchain 'Tempo'

Stripe is quietly building a new Layer 1 blockchain called Tempo in partnership with crypto venture firm Paradigm, according to a since-removed job posting. The enterprise-focused project, currently in stealth mode with a five-person team, aims to create an Ethereum-compatible network optimized for payments.

The MOVE signals Stripe's deepening crypto ambitions following its $1.1 billion acquisition of stablecoin platform Bridge last October. Tempo enters a crowded field of stablecoin-oriented chains including Plasma and Tether's Stable blockchain, as regulatory clarity from the GENIUS Act fuels growth in the $270 billion stablecoin sector.

While technical details remain scarce, Tempo's development aligns with Stripe's strategic acquisitions including crypto wallet startup Privy and its exploration of bank partnerships for stablecoin integration.

Stripe and Paradigm Collaborate on Tempo, a Payments-Focused Layer 1 Blockchain

Stripe, the fintech giant, is quietly developing a new high-performance blockchain named Tempo in partnership with Paradigm, a leading crypto venture capital firm. The Layer 1 network, currently in stealth mode with a five-person team, aims to optimize payments infrastructure and stablecoin adoption. Tempo will maintain ethereum Virtual Machine (EVM) compatibility, lowering the barrier to entry for Web3 developers.

The initiative signals Stripe's strategic pivot toward blockchain-based financial infrastructure. Recent acquisitions in stablecoin technology complement this development, positioning the company at the intersection of traditional finance and decentralized systems. While Stripe remains officially silent, job postings referencing Tempo confirm its payments-centric design philosophy.

Coinbase Set to Profit Big from Ethereum Price Rally: Bernstein Analysts

Ethereum's surge toward record highs has positioned Coinbase as a primary beneficiary, according to Bernstein analysts. The exchange's extensive token listings and integration with Base, Ethereum's high-activity LAYER 2 chain, amplify its revenue potential as ETH breaks the $4,000 barrier.

Base processes over 9 million daily transactions, funneling $75 million in annual ETH-denominated fees to Coinbase. The chain's new app streamlines crypto transactions, deepening Coinbase's ties to Ethereum's expanding ecosystem. Circle's market debut and rising stablecoin adoption further fuel ETH's 80% rally since June.

Uniswap Proposes DUNI Legal Entity in Wyoming to Enhance DAO Governance

Uniswap is advancing its decentralized governance framework with a proposal to establish DUNI, a legal entity under Wyoming's Decentralized Unincorporated Nonprofit Association (DUNA) law. This strategic move aims to grant formal legal recognition to the Uniswap DAO while preserving its decentralized ethos.

The DUNI structure offers critical liability protections for governance participants, enabling the DAO to enter contracts with developers and service providers. Wyoming's 2024 DUNA legislation provides a pioneering legal foundation for decentralized organizations, positioning Uniswap at the forefront of DAO innovation.

This initiative could establish important precedents for decentralized governance systems across the cryptocurrency ecosystem. The proposal reflects months of deliberation by the Uniswap Foundation, signaling a maturation point for DAO operations in regulated environments.

SharpLink Gaming Expands Ethereum Treasury with $400M Funding Amid ETH Rally

SharpLink Gaming has secured $400 million through a stock sale to institutional investors, bolstering its Ethereum reserves to over $3 billion. The move comes as ETH approaches all-time highs, surging 44.5% in the past month.

Despite the capital raise, SharpLink shares dipped 6.6% during Monday's session before showing modest after-hours recovery. The company now holds 598,800 ETH, cementing its position as the second-largest corporate holder of the cryptocurrency.

"This rapid investment reflects market confidence in our Ethereum strategy," said co-CEO Joseph Chalom. The funding round marks SharpLink's latest bet on crypto's institutional adoption wave, having raised nearly $900 million for digital asset acquisitions in just one week.

BlackRock's Ethereum ETF Hits Record $639M Daily Inflow as Institutional Demand Surges

BlackRock's Ethereum ETF (ETHA) shattered its daily inflow record with $639.87 million invested in a single session, pushing total assets beyond $10 billion. The fund now holds over 3.3 million ETH, signaling robust institutional appetite for crypto exposure.

ETHA shares rallied 5% to an all-time high of $33.02, reflecting intensifying investor interest. "These flows confirm Ethereum's maturation as an institutional asset," fund managers noted, highlighting sustained demand despite market volatility.