Stripe, Paradigm Unveil Tempo as Blockchain Race for High-Speed Stablecoin Payments Heats Up скачать в хорошем качестве

Stripe, Paradigm Unveil Tempo as Blockchain Race for High-Speed Stablecoin Payments Heats Up

The chain's stablecoin-first design aims to handle global payouts, microtransactions, remittances and AI agentic payments, Stripe CEO Patrick Collison said. Payments giant Stripe and crypto investment firm Paradigm on Thursday officially unveiled Tempo, their joint blockchain project designed for stablecoin payments. The initiative, incubated inside Stripe, is designed to handle the kind of scale Stripe sees in real-world financial applications, processing tens of thousands of transactions per second with sub-second finality, Stripe CEO Patrick Collison said in an X post. The project launches with a list of heavyweight partners including Anthropic, Deutsche Bank, DoorDash, Nubank, OpenAI, Revolut, Shopify, Standard Chartered and Visa, who will help shape its design, he added. "We hope that Tempo makes it easier for things like payment acceptance, global payouts, remittances, microtransactions, tokenized deposits, agentic payments, and more, to move onchain," he said. Tempo, first leaked in August in a job posting, is joining a growing roster of blockchain projects competing for stablecoin payments. It's potentially a huge market opportunity: Stablecoins, now a $270 billion class of cryptocurrencies, are projected to become a trillion-dollar market and poised to disrupt global payment flows as a cheaper, faster alternative to banking rails, proponents say. Collison said Tempo was needed because current blockchains, even high-speed ones like Solana SOL$209.98, don’t match Stripe’s throughput or payment-focused requirements. Tempo targets 100,000 transactions per second with sub-second finality, allows fees to be paid in stablecoins instead of native tokens and includes a built-in automated market maker to ensure neutrality across issuers, he said. The chain is Ethereum Virtual Machine (EVM)-compatible and built on Reth, an Ethereum ETH$4,458.48 execution client. Tempo is an independent entity with Paradigm and Stripe being early investors, Collison said. Paradigm CEO Matt Huang is leading a team of 15 person. "We’re building Tempo with principles of decentralization and neutrality," Huang said in an X post. That includes launching with a diverse set of validators with plans to transition to a permissionless model in the future. Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains https://www.coindesk.com/business/202... #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple