Tag Archives: Stripe

Stripe is funding a new blockchain company called Tempo, co-founder CEO Patrick Collison announced on Thursday. Tempo is aimed at high-volume processing of stablecoins — coins that help reduce crypto’s notorious volatility because they are pegged to a stable asset like the U.S. dollar. That’s not surprising given that Stripe acquired stablecoin company Bridge. What is surprising is the eye-popping …

Two of Silicon Valley’s top tech firms are teaming up to change the payments landscape. On Thursday, the $91.5 billion fintech Stripe and the crypto venture firm Paradigm publicly announced their joint project, Tempo, a so-called layer 1 blockchain built around stablecoins, or cryptocurrencies typically pegged to the U.S. dollar.  Layer 1 blockchains like Bitcoin or Ethereum are more demanding …

Stripe, a financial services company that acts as a payment processor for millions of businesses including itch.io, has issued an apology following reports that members of its support team told callers the business does not support the sale of LGBTQ content. “We apologize: the information given by our support team was totally wrong,” said Stripe spokesperson Casey Becker in an …

Talk about customer service. On Wednesday, Google CEO Sundar Pichai posted on X about Google Calendar’s new feature to duplicate events — an addition that was specifically requested by Stripe co-founder John Collison last month, also via an X post. On July 5, Collison asked if Google Calendar users could get a Ctrl-click option that would allow them to easily …

The fintech giant Stripe is developing a new blockchain, according to a recent job posting on a site for the crypto lobby group Blockchain Association. “Tempo is a high-performance, payments-focused blockchain,” reads the job advertisement, which is for a product marketing position and dated Aug. 3.  The posting goes on to say that Tempo is in stealth, has a team …