Stripe and Paradigm Collaborate on New Blockchain to Expand Stablecoin Infrastructure

Stripe, the global payments giant, is reportedly building a new blockchain called Tempo in collaboration with Paradigm, a leading crypto venture capital firm [1]. The initiative, revealed through a job posting and confirmed by multiple sources, describes Tempo as a high-performance, payments-focused layer-1 blockchain currently in stealth mode. The project is led by a core team of five and aims to be compatible with Ethereum’s widely-used Solidity programming language [1]. Neither Stripe nor Paradigm has made public statements confirming the project, but the involvement of Paradigm co-founder and Stripe board member Matt Huang suggests a strategic alignment between the two entities [1].

This development marks a significant escalation in Stripe’s broader strategy to integrate blockchain and crypto into its payment infrastructure. Earlier this year, Stripe acquired Bridge, a stablecoin infrastructure firm, for $1.1 billion, and Privy, a crypto wallet developer, with the latter’s acquisition price undisclosed [1]. These moves have given Stripe control over key elements of the stablecoin ecosystem, including wallet solutions and API platforms. The creation of Tempo would allow Stripe to control the entire processing layer of stablecoin transactions, where validation and recording occur—effectively completing a vertically integrated stack [1].

Stripe’s foray into blockchain is taking place against a backdrop of increasing regulatory clarity in the U.S. In July, President Donald Trump signed the GENIUS Act into law, which aims to provide federal regulatory guidance for crypto innovation [1]. The timing suggests a strategic intent to leverage this environment to expand Stripe’s influence in the global payments space.

Stripe’s CEO, Patrick Collison, testified to Congress in March that stablecoin technology had reached a stage of maturity sufficient to attract meaningful business interest [1]. While Stripe has not yet indicated plans to issue a native cryptocurrency for Tempo—a common practice in the crypto industry—it has demonstrated a clear intent to position itself at the center of the stablecoin infrastructure [1]. This approach could enable Stripe to offer a more efficient, scalable, and cost-effective alternative to traditional systems like SWIFT and wire transfers [1].

The Tempo blockchain initiative reflects Stripe’s broader ambition to redefine how digital payments are processed globally. By building its own layer-1 blockchain and integrating recent acquisitions, Stripe is working to construct a stablecoin infrastructure that is both self-sustaining and competitive with existing fintech and crypto players [1]. The project, if successful, could reshape the landscape of cross-border payments and digital asset transactions, particularly in markets where speed, cost, and regulatory compliance are critical factors [1].

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[1]title1.............................(https://fortune.com/crypto/2025/08/11/stripe-blockchain-tempo-paradigm/)