Stripe, a company known for its online payment solutions, is developing a new blockchain codenamed Tempo in partnership with the crypto venture firm Paradigm. The project, aimed at revolutionizing payment infrastructure, is being carried out by a small specialized team operating in stealth mode.
Payments-First Focus of Tempo Blockchain
The Tempo blockchain is designed to deliver lightning-fast transaction settlement and predictable fees, making it ideal for global payments, enterprise commerce, and cross-border transfers.
Expansion of Crypto Infrastructure
This move follows Stripe’s recent investments in stablecoin infrastructure and crypto wallet development, signaling a clear intention to control more of the payment stack—from digital wallets to settlement layers.
Implications for the Financial Industry
By building its own blockchain, Stripe could reduce reliance on traditional banking networks like SWIFT, enable native stablecoin transactions, and tap into Ethereum’s ecosystem while offering improved performance and cost efficiency.
If successful, Tempo could position Stripe as a dominant force in the next wave of global payment technology.
