Stripe and Paradigm to launch Tempo blockchain for instant global payments

Description

Stripe has collaborated with Paradigm to build Tempo, a new blockchain network that enables instant, low-cost cross-border payments. Tempo will be open-source and compatible with TradFi and DeFi platforms. According to the announcement, Tempo will eliminate the current challenges in global payments, including delays and fees associated with traditional banking systems. The blockchain network will operate as open-source, integrating TradFi and DeFi applications. Stripe aims to position itself as ...