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Stripe Unveils 'Tempo': A New Blockchain for Payments

8/12/2025

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Summary

Story summary

Stripe, valued at $92 billion, is secretly developing a new payments-focused blockchain named "Tempo."
Tempo is a layer 1 blockchain that is compatible with Ethereum, created in collaboration with Paradigm.
This project follows Stripe's $1.1 billion acquisition of stablecoin firm Bridge and crypto wallet developer Privy.
Stripe seeks to integrate crypto solutions, enhancing its competitive edge in the fintech-crypto landscape.

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Story summary

Stripe, valued at $92 billion, is secretly developing a new payments-focused blockchain named "Tempo."
Tempo is a layer 1 blockchain that is compatible with Ethereum, created in collaboration with Paradigm.
This project follows Stripe's $1.1 billion acquisition of stablecoin firm Bridge and crypto wallet developer Privy.
Stripe seeks to integrate crypto solutions, enhancing its competitive edge in the fintech-crypto landscape.