Stripe collaborates with Paradigm to develop the high-performance payment blockchain Tempo

ChainCatcher news, according to Fortune, fintech giant Stripe has secretly developed a high-performance payment blockchain called Tempo in collaboration with crypto venture capital firm Paradigm. It is positioned as Layer 1 and is compatible with Ethereum, with a team of 5 people driving the project.

Previously, Stripe acquired stablecoin infrastructure company Bridge and crypto wallet developer Privy to accelerate its layout in the crypto payment field.