Stripe Partners with Paradigm to Launch Layer-One Blockchain for Payments

Stripe and Paradigm develop Tempo, a layer-one blockchain for payments. Tempo is compatible with Solidity and aims to boost crypto transaction control. Recent Stripe acquisitions Bridge and Privy enhance stablecoin and wallet services. Stripe is developing its own blockchain, Tempo, in partnership with venture capital firm Paradigm, Fortune reports. According to a job posting that was later removed, the new protocol will focus on processing payments and will be compatible with the Solidity programming language. According to available information, the project team consists of five people and is currently working in secrecy mode. Sources familiar with the plans say Tempo will be a layer-one blockchain rather than a layer on top of existing networks. Representatives for Stripe and Paradigm declined to comment. The launch of Tempo complements Stripe’s recent acquisitions in the crypto sector. In October 2024, the company acquired stablecoin infrastructure platform Bridge for $1.1 billion. In June 2025, it acquired crypto wallet developer Privy for an undisclosed amount. Experts note that the acquisition of Bridge allows Stripe to offer clients tools for integrating and issuing stablecoins, while the purchase of Privy gives it the ability to provide custodial solutions. The new blockchain will provide the company with control over the infrastructure that processes transactions. Stripe’s move comes as interest in stablecoins has grown following the passage of the GENIUS Act in the United States, which sets federal standards for the cryptocurrency industry. Stripe co-founder Patrick Collison has previously said that businesses are increasingly considering the asset class as a payment instrument due to the maturity of the technology. At the same time, Stripe has not yet disclosed whether it plans to issue its own token for Tempo. The company also has not explained the specific tasks the new protocol is intended to solve, but analysts believe it will strengthen Stripe’s position in the corporate crypto payments segment.

Source: Coinpaper