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Stripe Launches Tempo Blockchain in Testnet Phase with Major Partners
Stripe Launches Tempo Blockchain in Testnet Phase with Major Partners
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BTCCSquare news:
Stripe and Paradigm have unveiled Tempo, a new LAYER 1 blockchain now in private testnet, designed for high-speed stablecoin payments. The network boasts an impressive roster of initial partners, including Visa, Deutsche Bank, Shopify, and OpenAI, targeting 100,000+ transactions per second with sub-second finality.
The EVM-compatible chain, built on Reth, features an enshrined AMM allowing fees to be paid in any stablecoin. Use cases span global payouts, microtransactions, and even AI-driven agentic payments. This MOVE signals accelerating institutional adoption of blockchain infrastructure for financial applications.
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