Stripe’s Tempo Begins Private Testing with Financial Giants Visa, Deutsche Bank, Standard Chartered

Stripe officially launched Tempo, a payments-focused Layer 1 blockchain designed for high-throughput stablecoin transactions, with major financial institutions including Visa, Deutsche Bank, and Standard Chartered serving as initial design ￰0￱ blockchain enters private testnet following months of stealth development by the $92 billion payments ￰1￱ addresses infrastructure limitations that Stripe encountered as stablecoin usage expanded across its ￰2￱ blockchains process between 5 and 1,000 transactions per second, while Stripe handles peaks exceeding 10,000 TPS during high-volume periods and aims to bring even more than that with ￰3￱ Tempo: a payments-first blockchain incubated by Stripe and ￰4￱ stablecoins go mainstream, there’s a need for optimized ￰5￱ is purpose-built for stablecoins and real-world payments, born from Stripe’s experience in global payments and… — tempo (@tempo) September 4, 2025 Built for “Real-World Financial Applications” The blockchain features fiat-denominated fees rather than blockchain-specific tokens, which addresses a key friction point for traditional financial ￰6￱ can pay gas fees in any stablecoin through an enshrined automated market maker ￰7￱ incubated Tempo in partnership with crypto venture capital firm Paradigm, positioning it as an independent ￰8￱ Huang, Paradigm’s co-founding managing partner and Stripe board member, leads Tempo as CEO while maintaining his venture capital ￰9￱ @tempo A payments-first blockchain incubated by Stripe and Paradigm — Matt Huang (@matthuang) September 4, 2025 The design partner list extends beyond traditional finance to include technology companies such as Anthropic, OpenAI, DoorDash, and Shopify, as well as financial services firms like Mercury, Nubank, and ￰10￱ diverse coalition aims to ensure that Tempo serves a broad range of payment use cases, from microtransactions to enterprise ￰11￱ targets 100,000+ transactions per second with sub-second finality while maintaining Ethereum Virtual Machine ￰12￱ blockchain supports dedicated payment lanes, transaction memos, access lists, and opt-in privacy features, which are specifically designed for financial ￰13￱ launch follows Stripe’s methodical crypto expansion ￰14￱ company acquired stablecoin infrastructure firm Bridge for $1.1 billion and crypto wallet developer Privy , creating end-to-end payment solutions spanning wallets, stablecoins, and now blockchain processing infrastructure.

Stripe’s Crypto Stack Completion Strategy Stripe’s blockchain development completes a comprehensive crypto infrastructure buildout that began with strategic ￰15￱ Bridge acquisition provided stablecoin payment capabilities across 70 countries, while Privy added wallet infrastructure for seamless user onboarding. Introducing@Tempo. At Stripe, we care about high-throughput, low-latency payments use ￰16￱ the use of stablecoins (and crypto more broadly) grows across Stripe, Bridge, and Privy, we found that existing blockchains are not optimized for ￰17￱ example, it's valuable… — Patrick Collison (@patrickc) September 4, 2025 The company initially supported Bitcoin transactions in 2014 before halting crypto services due to network ￰18￱ rebuilt its blockchain team in 2021 and accelerated initiatives throughout 2024 following regulatory clarity brought by the Trump ￰19￱ Financial Accounts launched across 101 countries , enabling companies to hold and transact digital ￰20￱ platform currently supports Circle’s USDC and Bridge’s USDB tokens with plans for stablecoin neutrality across ￰21￱ this year, Stripe partnered with Ramp to launch stablecoin-backed corporate cards , which aim to address cross-border payment delays and currency ￰22￱ cards were initially deployed in Latin American markets before expanding to Europe, Africa, and ￰23￱ Patrick Collison has previously testified to Congress that Stripe sees “ meaningful business interest in stablecoins as the underlying technology has matured. ” The GENIUS Act’s federal regulatory framework spurred corporate adoption across the billion-dollar stablecoin ￰24￱ enables Stripe to capture transaction processing revenue directly rather than paying fees to external networks.

Particularly, the company’s extensive merchant network spanning millions of businesses worldwide perfectly positions Tempo for rapid adoption through existing payment ￰25￱ Giants Race Into the Blockchain Industry The stablecoin sector experienced explosive growth following regulatory clarity, with market capitalization exceeding $288 billion.), into ￰26￱ 20 million addresses now transact stablecoins on public ￰27￱ this massive growth potential, Federal Reserve Governor Christopher Waller noted that 99% of stablecoin market capitalization is tied to the US ￰28￱ believes “ stablecoins can keep the dollar the world’s reserve currency ” by increasing global ￰29￱ forward, Tempo’s validator set will begin with independent, diverse participants before transitioning toward permissionless ￰30￱ blockchain maintains neutrality regarding stablecoin issuers, allowing any compliant stablecoin to be used for payments and gas fees.