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Stripe and Paradigm Launch Tempo, a Stablecoin-Focused L1 Blockchain
Stripe and Paradigm Launch Tempo, a Stablecoin-Focused L1 Blockchain
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BTCCSquare news:
Paradigm has unveiled Tempo, a new LAYER 1 blockchain designed for stablecoin payments, backed by a consortium of high-profile investors including Stripe, Anthropic, and Visa. The chain aims to differentiate itself with predictable low fees, scalability exceeding 100 transactions per second, and opt-in privacy features.
The launch coincides with accelerating institutional adoption of stablecoins following regulatory clarity from the U.S. GENIUS Act. Tempo enters a competitive landscape that includes Tether's Plasma and Circle's Arc blockchains, positioning itself as an EVM-compatible solution for mainstream payment infrastructure.
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