Stripe and Paradigm have announced the launch of a new blockchain platform, Tempo, which will focus on stablecoin transactions, aiming to improve global payment systems.
Launch of Tempo Blockchain
On September 3, 2025, Stripe CEO Patrick Collison announced the launch of the Tempo blockchain via Twitter, stating that "existing blockchains do not meet Stripe’s needs for high-throughput, low-latency payments as stablecoin usage grows across Stripe’s products."
Technical Features of Tempo
Tempo is engineered to meet Stripe's requirements for high-throughput, low-latency transactions, giving it an edge over existing blockchain technologies that cannot support Stripe's growing stablecoin usage. Design partners include Visa, Shopify, and Deutsche Bank.
Opportunities and Impact on the Financial Sector
The launch of Tempo could lead to significant advancements in the financial sector by simplifying stablecoin transactions. The new blockchain will utilize existing stablecoins like USDC and USDT, promoting regulatory compliance. This decision avoids common pitfalls similar to Facebook's Libra by opting out of launching a native stablecoin.
The Tempo project underscores Stripe's strategic direction towards blockchain integration within the financial ecosystem while emphasizing the use of established and reliable stablecoins.
