All about Stripe’s plan to build ‘Tempo’ blockchain with Paradigm

Key Points

1. Stripe is working with Paradigm to develop Tempo, a Layer 1 blockchain focused on high-volume payments using stablecoins.

2. The project is being developed by a small, five-person team and targets enterprise-level applications, as indicated by job postings requiring experience with Fortune 500 companies.

3. Tempo will support Solidity, Ethereum's primary programming language, leveraging existing developer tools and ecosystems.

4. Stripe has been acquiring crypto-related companies, such as Bridge and Privy, to build end-to-end capabilities for digital transactions.

5. Details about Tempo remain scarce, with Stripe keeping the project under wraps and removing job listings after media coverage.