Stripe is working on a new blockchain called Tempo. It is designed to process payments quickly and is being developed with the backing of crypto investment firm Paradigm. The project is still early, with only a handful of people working on it. The existence of Tempo came to light through a job listing looking for engineers with experience in zero-knowledge proofs and Ethereum scaling.
Built to Speak Ethereum’s Language
Tempo will be compatible with the Ethereum ecosystem. That means developers can write smart contracts in Solidity and plug into existing tools. The idea is not to reinvent the wheel but to offer a familiar environment with better performance for payments. It allows Stripe to get into blockchain without making developers learn something entirely new.
Stripe is building its own blockchain.
Partnering with @paradigm they’re launching Tempo, a high speed payments first L1 designed to plug directly into Stripe’s global merchant network.
From day one, it could have more real world adoption than most chains ever see. pic.twitter.com/LQh4MJpkHE
Tempo does not come out of nowhere. Stripe recently bought Bridge, a company focused on stablecoin infrastructure, and Privy, a wallet tech provider. With those deals, Stripe controls the issuance layer, the user-facing wallet, and soon, the chain that connects it all. Tempo adds the final piece, giving Stripe its own lane to move stablecoins around without depending on third-party chains.
The timing is not accidental. With the GENIUS Act passed in the U.S., there is finally some clarity around how stablecoins should be handled. Stripe has long been cautious about entering crypto directly, but this new law provides a safer lane. Tempo could give Stripe the flexibility to build under its own rules while still aligning with the broader regulatory picture.
Bitcoin
Price
Market Cap
BTC
$2.36T
24h7d30d1yAll time
A Token Isn’t the Priority Right Now
There has been no official word on whether Tempo will have its own token. That is unusual for a blockchain project, but Stripe has different goals. The focus seems to be on building infrastructure, not launching a new coin. Still, the door is open. If a token ever fits into the broader plan, Stripe could revisit the idea later.
Stripe co-founder Patrick Collison recently said stablecoins are ready for business use. Tempo could help Stripe build something that matches the speed and cost of traditional networks, but without needing to rely on them.Instead of settling for being a crypto-friendly payment processor, Stripe is putting itself in a position to control every layer of the stack.
Stripe’s Next Move Could Reshape the Space
If Stripe pulls this off, it will become more than just a player in the payment space. It could end up controlling how stablecoins move from end to end, from wallet to blockchain to bank. That gives it leverage in both the crypto world and the traditional one.
Tempo might still be in stealth, but the pieces are lining up. Stripe looks like it wants more than a slice of the crypto pie. It wants the oven, the kitchen, and the recipe too.
You can post now and register later.
If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.
Stripe is working on a new blockchain called Tempo. It is designed to process payments quickly and is being developed with the backing of crypto investment firm Paradigm. The project is still early, with only a handful of people working on it. The existence of Tempo came to light through a job listing looking for engineers with experience in zero-knowledge proofs and Ethereum scaling.
Built to Speak Ethereum’s Language
Tempo will be compatible with the Ethereum ecosystem. That means developers can write smart contracts in Solidity and plug into existing tools. The idea is not to reinvent the wheel but to offer a familiar environment with better performance for payments. It allows Stripe to get into blockchain without making developers learn something entirely new.
Stripe Is Stacking the Pieces
Tempo does not come out of nowhere. Stripe recently bought Bridge, a company focused on stablecoin infrastructure, and Privy, a wallet tech provider. With those deals, Stripe controls the issuance layer, the user-facing wallet, and soon, the chain that connects it all. Tempo adds the final piece, giving Stripe its own lane to move stablecoins around without depending on third-party chains.
DISCOVER: Best New Cryptocurrencies to Invest in 2025
Stablecoin Rules Now Offer a Clearer Path
The timing is not accidental. With the GENIUS Act passed in the U.S., there is finally some clarity around how stablecoins should be handled. Stripe has long been cautious about entering crypto directly, but this new law provides a safer lane. Tempo could give Stripe the flexibility to build under its own rules while still aligning with the broader regulatory picture.
A Token Isn’t the Priority Right Now
There has been no official word on whether Tempo will have its own token. That is unusual for a blockchain project, but Stripe has different goals. The focus seems to be on building infrastructure, not launching a new coin. Still, the door is open. If a token ever fits into the broader plan, Stripe could revisit the idea later.
DISCOVER: 20+ Next Crypto to Explode in 2025
This Goes Beyond Just Payments
Stripe co-founder Patrick Collison recently said stablecoins are ready for business use. Tempo could help Stripe build something that matches the speed and cost of traditional networks, but without needing to rely on them. Instead of settling for being a crypto-friendly payment processor, Stripe is putting itself in a position to control every layer of the stack.
Stripe’s Next Move Could Reshape the Space
If Stripe pulls this off, it will become more than just a player in the payment space. It could end up controlling how stablecoins move from end to end, from wallet to blockchain to bank. That gives it leverage in both the crypto world and the traditional one.
Tempo might still be in stealth, but the pieces are lining up. Stripe looks like it wants more than a slice of the crypto pie. It wants the oven, the kitchen, and the recipe too.
DISCOVER: 20+ Next Crypto to Explode in 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
The post Stripe Is Quietly Building a Payments-Focused Blockchain appeared first on 99Bitcoins.