A job description reveals Stripe's brewing next move: a new blockchain called Tempo. According to a Fortune report on August 11, the Blockchain Association's website recently posted a new job listing, with Stripe recruiting for product marketing positions for the new chain.
Tempo Project Exposed: Stripe and Paradigm's Covert Collaboration
According to the job description, Tempo is a "high-performance, payment-focused blockchain constructed collaboratively by Paradigm and Stripe," compatible with Ethereum, being developed by a five-person team in "undisclosed mode".
After Fortune sought confirmation from both companies without response, the job listing has been invalidated, but its content remains online, suggesting Stripe's new chain may be launched soon.
Vertical Integration: The Puzzle of Bridge, Privy, and Tempo
Looking ahead, Tempo is not a standalone initiative, but the final underlying piece in Stripe's stablecoin layout.
In October 2024, Stripe acquired the stablecoin infrastructure company Bridge for $1.1 billion; in June this year, they also brought wallet developer Privy under their wing. Bridge provides stablecoin issuance and integration capabilities, Privy handles end-terminal wallet experience, and now with Tempo's chain-level processing, Stripe can comprehensively control everything from token minting to transaction settlement.
In the future, enterprise clients might complete stablecoin payments through a single Stripe interface, potentially bypassing the SWIFT network for second-level cross-border clearing.
Policy and Market Environment: Stablecoin Trend Provides Nourishment
We know stablecoins are viewed as tools for reducing cross-border payment costs, and national regulations are beginning to provide clear frameworks. Especially the GENIUS Act signed by President Trump in July, which for the first time defines stablecoin status at the federal level, clearing legal uncertainties for future corporate adoption.
Tech giants have also been testing stablecoin services recently, showing demand is no longer limited to the crypto native circle. Stripe CEO Patrick Collison directly stated in a House hearing in March:
"As underlying technology matures, we're seeing meaningful commercial interest in stablecoins."
This statement now seems more like a prelude to Tempo's low-key launch.
Potential Chain Reaction from Tempo
Tempo has not yet announced an exact launch date, but the context from acquisitions to job postings clearly shows intent. The next competition focus in the payment industry may shift from card swipe rates to who can provide the fastest, cheapest, and most trustworthy stablecoin settlement service.
Stripe's choice to build a blockchain themselves, rather than simply accessing existing public chains, sends a clear message: to maintain dominance in the future global payment battlefield, one must control every critical pathway from user end to validation nodes. A payment restructuring driven by stablecoins is accelerating.
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