Stripe and Paradigm Build High-Speed Payments Blockchain Tempo

Generated by AI AgentCoin World
Monday, Aug 11, 2025 10:33 pm ET1min read
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Aime RobotAime Summary

- Stripe partners with Paradigm to build Tempo, a high-performance payments-focused Layer 1 blockchain designed for fast, low-cost cross-border transactions.

- The EVM-compatible network is being developed independently from scratch, with Paradigm's co-founder directly involved in the project and serving on Stripe's board.

- This follows Stripe's recent blockchain acquisitions and aligns with the U.S. GENIUS Act, positioning the company to capitalize on stablecoin growth and regulatory clarity.

- If successful, Tempo could enable Stripe to merge blockchain speed with its payment infrastructure, challenging traditional systems like SWIFT and emerging fintech rivals.

Stripe has joined forces with crypto-focused venture capital firm Paradigm to develop a high-speed, payments-focused Layer 1 blockchain named Tempo. The initiative, first hinted at via a job listing from the Blockchain Association on August 3, 2025, described Tempo as a “high-performance” blockchain in a stealth development phase led by a five-member team [1]. The network is being built from the ground up rather than forking or extending existing chains, and it is designed to be

Ethereum
Virtual Machine (EVM)-compatible, positioning itself as a standalone base layer [2].

Matt Huang, co-founder and managing partner of Paradigm, is directly involved in the project and serves on Stripe’s board of directors, underscoring the depth of collaboration between the two entities [3]. This partnership follows Stripe’s recent foray into the blockchain space, including its $1.1 billion acquisition of stablecoin infrastructure firm Bridge in October 2024 and the purchase of crypto wallet provider Privy in June 2025 [4].

Industry observers have noted that Stripe’s emphasis on stablecoins aligns with broader regulatory developments, particularly the GENIUS Act signed by U.S. President Donald Trump in July 2025, which created a clear legal framework for stablecoin operations [5]. The move is seen as a strategic positioning to capitalize on the growing momentum in the stablecoin sector and the increasing demand for faster, cheaper, and more efficient cross-border payments compared to legacy systems like SWIFT or traditional wire transfers [6].

If Tempo achieves its goals, it could redefine Stripe’s role in the fintech space, enabling the company to merge blockchain speed with its global payment processing capabilities. This could position Stripe to directly challenge both traditional financial systems and emerging fintech competitors [6].

Paradigm’s track record in backing early-stage crypto projects like

Uniswap
and Lido adds a layer of technical and strategic credibility to the Tempo initiative. With Stripe’s financial strength and global reach, the project is viewed as having strong potential for long-term success [7]. However, as the project remains under wraps, further details are expected to emerge in the coming months [8].

Sources:

[1] “Exclusive: Fintech giant Stripe building 'Tempo' blockchain ...”

Source: Fortune

URL: https://fortune.com/crypto/2025/08/11/stripe-blockchain-tempo-paradigm/

[2] “Stripe to build new L1 payments blockchain in partnership ...”

Source: Crypto

URL: https://cryptobriefing.com/stripe-builds-tempo-blockchain-paradigm/

[3] “Stripe Partners With Paradigm to Launch High-Speed ...”

Source: Coindoo

URL: https://coindoo.com/stripe-partners-with-paradigm-to-launch-high-speed-layer-1-blockchain/

[4] “Stripe Partners With Paradigm to Launch High-Speed ...”

Source: Coindoo

[5] “Stripe Partners With Paradigm to Launch High-Speed ...”

Source: Coindoo

[6] “Stripe Partners With Paradigm to Launch High-Speed ...”

Source: Coindoo

[7] “Stripe partners with Paradigm to develop L1 blockchain ...”

Source: Bitget

URL: https://www.bitget.com/news/detail/12560604906812

[8] “Stripe Partners With Paradigm to Launch High-Speed ...”

Source: Coindoo