STRIPE ENLISTS A WHO'S WHO, INCLUDING ANTHROPIC, OPENAI, AND PARADIGM, TO BUILD A NEW BLOCKCHAIN

Summary from the TLDR newsletter

Stripe is funding a new blockchain company called Tempo aimed at high-volume processing of stablecoins. It has already enlisted an eye-popping list of partners, including Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, and Visa, to use or offer the blockchain for everything from agentic payments to remittances. Matt Huang, Stripe board member and co-founder of Paradigm, one of the most prestigious crypto VC firms, has signed on to lead the project. Tempo will be run as an independent company.