Stripe and the leading investment firm, Paradigm, have announced the launch of Tempo, a blockchain network designed for expedited cross-border payments. The announcement was made on August 13, 2025. This collaboration marks Stripe’s significant shift towards incorporating blockchain technology into its operations. Matt Huang, CEO of Paradigm, will lead Tempo as CEO. Tempo is expected to streamline international transactions and potentially impact the global crypto landscape by increasing the speed and efficiency of cross-border payments. The EVM compatibility of Tempo, which aligns with Ethereum Virtual Machine standards, opens doors for increased use cases related to cryptocurrencies like ETH, USDC, and others. This move signifies a notable shift in financial markets as Stripe embraces blockchain technology. Industry analysts predict this collaboration could influence regulatory frameworks and advancements in interoperability across different blockchains.