Stripe is entering the blockchain space with Tempo, a new platform designed for stablecoin payments. Currently in private testing, Tempo aims for impressive performance: achieving up to 100,000 transactions per second with near-instant, permanent on-chain recording.
Tempo is built to address a range of financial needs, including:
Global payments Remittances Micropayments Tokenized depositsKey partners who collaborated on Tempo's design include Nubank, OpenAI, Visa, Deutsche Bank, Revolut, and Shopify. This initiative positions Stripe to significantly impact the future of digital payments.
