Stripe Launches L1 Blockchain: Tempo
6 days ago
- #payments
- #stablecoins
- #blockchain
- Tempo is a blockchain designed specifically for real-world payments, optimized for stablecoins.
- Backed by Stripe, Paradigm, and input from major companies like OpenAI, Visa, and Shopify.
- Features include purpose-built payment capabilities, high speed (100,000+ TPS), and predictable low fees.
- Supports various use cases like remittances, global payouts, embedded finance, and microtransactions.
- Technical features include fee flexibility, dedicated payments lane, stablecoin interoperability, and built-in privacy.
- Tempo is EVM-compatible, designed for high-volume payments with compliance and privacy in mind.
- Currently in testnet phase with select partners; open for collaboration and building.