Stripe, a global payments giant, is partnering with Paradigm to launch Tempo, a high-speed layer 1 blockchain network designed for seamless cross-border payments. Details of the project emerged from a recent job posting by the Blockchain Association. The project boasts a small but dedicated team focused on building a new base layer that functions independently of existing chains. Matt Huang, co-founder and managing partner at Paradigm, is directly involved in the project and also sits on Stripe’s board of directors. This move highlights Stripe’s continued commitment to blockchain innovation within the digital payment space. Previously, Stripe made significant investments in stablecoin payments with the acquisition of Bridge for $1.1 billion last October and crypto wallet builder Privy earlier this year. The introduction of the GENIUS Act by President Trump in July has fueled momentum for stablecoins as a solution for faster, cheaper, and more efficient cross-border payments. Industry watchers believe Stripe’s focus on stablecoins is strategically sound given the potential of this sector to reshape global payment processing. If Tempo succeeds, it could position Stripe at the forefront of this convergence of blockchain speed and global scale within the financial system. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Consult with a licensed financial advisor before making any investments.