- Stripe and Paradigm launch Tempo for cross-border payments.
- Leadership includes Paradigm’s Matt Huang.
- EVM compatible, focusing on payments and interoperability.
Stripe’s partnership with Paradigm marks the launch of Tempo, a new blockchain network aimed at enhancing cross-border payments, as confirmed on August 13, 2025.
This collaboration could reshape the fintech landscape by streamlining international transactions, potentially impacting cryptocurrencies like ETH, USDC, and others accessible through Ethereum Virtual Machine compatibility.
Stripe has announced a partnership with Paradigm to develop a new blockchain network named Tempo. This initiative aims to create a high-speed, payment-focused system for cross-border transactions.
Matt Huang of Paradigm is appointed as CEO of Tempo. Stripe is taking a significant role in design and development, marking crucial changes in strategic direction. Matt Huang stated, “Tempo is a high-performance, payments-focused blockchain.”
Industry reactions have noted Stripe’s strategic move towards blockchain technology. Markets are observing potential impacts on cross-border payment efficiencies and integration with existing systems. The partnership is expected to affect financial markets, given its EVM compatibility that could enhance Ethereum and ERC-20 token use cases.
With no public announcements from CEO Patrick Collison, Tempo remains in stealth mode. The anticipation for testnet or mainnet deployment is high among crypto communities. Industry analysts believe this move could influence future regulatory frameworks and spur advancements in blockchain interoperability. Data from similar projects suggests heightened interest from institutional investors.
