TechFlow, August 12 — According to Fortune, fintech giant Stripe is collaborating with crypto venture firm Paradigm to develop a blockchain called Tempo. The project is positioned as a high-performance, payment-focused Layer 1 blockchain compatible with Ethereum's programming language.
Tempo is currently under secret development with a team of five. Previously, Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion and purchased crypto wallet developer Privy, further expanding its footprint in stablecoin technology.




