Stripe builds Blockchain, which focuses on new payments called TEMPO, developed in partnership with the Capital Capital.
summary
- Stripe is developing Tempo, which is the Blockchain Payments Compatible with Ethereum Layer-1 with the form.
- This step follows the property and bridge acquisitions to expand Stablecoin.
- Blockchain control can reduce costs, settle speed, and deepen institutions ’accreditation.
According to August 11 a report From Fortune, the project appeared by publishing a job that was now released on the job site of the Blockchain Association, revealing the early details about the integrity initiative.
A new play for payments for payments
TEMPO is described as a high -layer Blockchain game compatible with ETHEREM (ETHEM), allowing developers to implement applications with minimal friction. The job announcement, dated August 3, noticed a key team of five people and asked for experienced candidates for marketing for Fortune 500.
Four people who were briefed in the project confirmed their compatibility in Ethereum, although the tape or model was publicly suspended. Publishing was dropped after contacting the companies, which confirms the nature of the hidden work of the work.
Matt Huang, founder of Paradigm and his administrative partner, sits on the Stripe Panel, provides a direct link between the payment giant and Crypto Investment.
Stablecoin
Blockchain’s voltage depends on the last Stripe expansion in Stablecoin. The company added support for the account integration of the chain when going out when it got a wallet provider in June. Earlier in October 2024, it paid $ 1.1 billion to get Bidge, a stablecoin infrastructure company, which allowed companies to process and issue Stablecoin payments.
Stripe has launched many other products related to Stablecoin, including payment services in emerging markets, dealers -related cards, and financial accounts for reservation and trading. Stripe can improve the speed of Stablecoin leveling, reduce dependence on external networks, and allocate transactions costs to business customers by managing their Blockchain layer.
Although Stripe did not reveal whether Tempo will launch the cryptocurrency, industry monitors notice that the basic Blockchain layer control will allow the company to enhance its role in Stablecoin payment, from portfolio services to transaction processing.
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2025-08-12 03:09:00
