Stripe and Paradigm introduce Tempo blockchain for stablecoins

Visa, Deutsche Bank, Revolut, and other companies are participating in the development

Stripe and Paradigm jointly launch Tempo blockchain

05.09.2025 - 09:50

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2 min

Key points:

Stripe and Paradigm have launched Tempo, a blockchain for high-speed payments, which is already in closed testing.
Visa, Deutsche Bank, Shopify, Nubank, OpenAI, and Revolut are participating in the development.
Tempo joins a growing list of blockchains focused on stablecoins and competing to change cross-border payments.

Payment giant Stripe and crypto company Paradigm have launched Tempo, a blockchain focused on stablecoins. It is currently in closed testing, with money transfers, cross-border, and B2B payments being tested. Stripe CEO Patrick Collison noted:

“We think of Tempo as the payments-oriented L1, optimized for high-scale, real-world financial services applications. Tempo is an independent company, with Stripe and Paradigm as the first investors.”

Source: х.com

According to Collison, Anthropic, Deutsche Bank, DoorDash, Nubank, OpenAI, Revolut, and Shopify have already become Tempo partners. A small team of fifteen people currently leads the project under the leadership of Paradigm co-founder Matt Huang.

Blockchain features

Tempo is capable of processing over 100 000 transactions per second, with finalization in less than a second thanks to a dedicated payment channel. It allows fees to be paid in stablecoins instead of native tokens and includes a built-in automated market maker. Huang added:

“As stablecoins go mainstream, there’s a need for optimized infrastructure. Tempo is purpose-built for stablecoins and real-world payments, born from Stripe’s experience in global payments and Paradigm’s expertise in crypto.”

In June 2024, Stripe partnered with Coinbase, integrating the Coinbase Base Layer 2 network into its cryptocurrency payment products. In June 2025, the company acquired Privy, a crypto wallet developer.

And in August 2025, the MetaMask non-custodial crypto wallet team announced plans to launch its own dollar-pegged stablecoin, mmUSD, in partnership with Stripe.

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