Stripe and Paradigm Launch Blockchain Network Tempo for Cross-Border Payments

Stripe, in partnership with crypto venture capital firm Paradigm, is developing Tempo, a new blockchain network tailored for cross-border and stablecoin payments. As confirmed through official statements and job postings, the initiative was announced in August 2025 [1]. Tempo is designed as a high-performance, payments-focused layer-1 network that will run code compatible with Ethereum, allowing developers to migrate existing smart contracts with minimal effort [2]. The project is currently in stealth mode, with only five members on the team, and no official launch date or native token announcement has been made [4].

Matt Huang, co-founder and managing partner of Paradigm, has been appointed as the CEO of Tempo while continuing to serve on Stripe’s board and at Paradigm [4]. Huang’s leadership underscores the project’s strategic focus on building a scalable infrastructure for blockchain payments, aligning with Stripe’s broader fintech strategy and recent product expansions [2].

The collaboration signals a growing trend of fintech firms and crypto investors working together to enhance stablecoin ecosystems. Stripe’s initiative follows similar efforts by companies such as Circle and Tether, who have also launched blockchain networks tailored for stablecoin use cases [4]. Paradigm, managing $12.7 billion in assets, has previously supported major crypto projects like Uniswap and Fireblocks, reinforcing its credibility in the space [4].

Tempo aims to address real-world challenges in cross-border financial transactions by leveraging blockchain technology to enhance speed and security [2]. Stripe’s foray into blockchain payments reflects a strategic move to integrate digital assets into mainstream financial systems. The project also aligns with increasing regulatory clarity in the U.S., following President Trump’s signing of the GENIUS Act, which established a clearer legal framework for stablecoins [4]. The stablecoin market, with a capitalization of over $270 billion, is experiencing rapid growth, and Tempo seeks to provide secure, high-speed infrastructure to meet this demand.

A job posting for Tempo highlights the project’s ambition, noting that it is seeking candidates with experience marketing to Fortune 500 companies [7]. This suggests that the initiative is targeting large-scale enterprise adoption, aiming to provide a scalable solution for global financial institutions.

The development of Tempo also reflects the potential for blockchain to transform cross-border payment systems, particularly for enterprises that rely on efficient and secure financial processes. While the project is still in its early stages, its long-term success will depend on adoption rates, integration with existing systems, and the ability to scale effectively [4].

Source:

[1] https://www.pymnts.com/blockchain/2025/stripe-developing-blockchain-in-tandem-with-vc-firm-paradigm/

[2] https://www.ledgerinsights.com/stripe-partners-paradigm-vc-to-build-stablecoin-blockchain-tempo/

[4] https://finance.yahoo.com/news/stripe-taps-paradigm-matt-huang-113125248.html

[7] https://www.coindesk.com/business/2025/08/12/stripe-building-payments-blockchain-tempo-with-paradigm-fortune