Stripe & Paradigm Team Up to Build “Tempo,” a Payment-Focused Blockchain By Matt Brienen Published: 2025-08-13T03:13:39+00:00 **August 12, 2025** — Stripe is venturing deeper into the crypto world by developing **Tempo**, a stealth-mode, Layer-1 blockchain purpose-built for payments in collaboration with venture firm **Paradigm**. The project was revealed through a job posting—now removed—that described Tempo as a “high-performance, payments-focused blockchain” designed from the ground up and fully compatible with Ethereum tooling. The Tempo team is reportedly small—consisting of just five people—and operates under a veil of secrecy. While Stripe and Paradigm have not publicly commented, industry speculation suggests that Stripe aims to streamline cross-border and merchant payments using blockchain efficiency. This strategic move builds on Stripe’s recent acquisitions that strengthen its crypto infrastructure: the $1.1 billion purchase of stablecoin platform **Bridge** in October 2024, and the acquisition of wallet provider **Privy** in mid-2025. The larger vision appears aimed at consolidating its payment processing capabilities with blockchain innovation—possibly positioning Tempo to supplant legacy systems like SWIFT and make stablecoin rails mainstream.