STRIPE BUILDING ‘TEMPO' BLOCKCHAIN WITH CRYPTO VC PARADIGM

Summary from the TLDR Crypto newsletter

Stripe is developing a payments-focused layer-1 blockchain called “Tempo,” per a now-removed product marketing job posting that described a stealth five-person team working with Paradigm. The chain is rumored to be EVM-compatible, and follows Stripe's recent stablecoin push, including the $1.1B acquisition of Bridge and the purchase of wallet developer Privy, positioning Stripe to own more of the stablecoin stack from issuance to transaction processing.