Paradigm co-founder Matt Huang announced on Thursday that his firm and Stripe are incubating Tempo, a payments-focused blockchain designed to streamline stablecoin use in real-world financial flows.

Tempo has entered private testnet with support from initial design partners including Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, Visa, and more. The project represents Stripe’s most direct step into blockchain infrastructure, extending its payments business toward native onchain settlement.

Tempo is engineered to handle more than 100,000 transactions per second with sub-second finality, according to project…

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