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6 Articles
5 Things to Know About Stripe’s Move to Build Its Own Blockchain
Payments infrastructure company Stripe is moving into the blockchain, according to Forbes, which uncovered a job posting regarding the move. According to the posting, Stripe is planning to launch a payments blockchain called Tempo. “Tempo is a high-performance, payments-focused blockchain,” the advertisement on the Blockchain Association’s website said. Here’s a look at five things that matter about Stripe’s move, including details about the new…
Stripe entrusts the management of its Tempo blockchain to Matt Huang, co-founder of Paradigm, while maintaining its role within the $12.7 billion fund. Tempo will be a blockchain layer 1 aimed at becoming the global reference for crypto payments in a stablecoins market now regulated in the United States by the GENIUS Act. Stripe will face competitors like Plasma or Stable, relying on Huang's technical and strategic expertise to impose. Paradigm'…
Stripe Taps Paradigm’s Matt Huang to Lead New Blockchain Tempo: Fortune – MAXBIT
Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture firm Paradigm, as the chief executive officer of its upcoming blockchain Tempo. Huang, who already sits on Stripe’s board, will retain his position at Paradigm. That’s according to Fortune, citing sources familiar with the project. The move aligns with a growing trend of...
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