Tag Archives: Tempo

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 …

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 …