Stripe & Paradigm Launch Tempo Blockchain for Fast, Stablecoin Transactions

Stripe and Paradigm have announced the launch of Tempo, a new blockchain designed to power fast and affordable transactions, specifically stablecoins. This Layer-1 blockchain is currently in private testing with major fintech partners like Visa and Deutsche Bank. The project aims to bring the benefits of blockchain technology to mainstream financial applications, aiming for sub-second finality crucial for payments and financial operations.