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Stripe enlists a who’s who, including Anthropic, OpenAI, and Paradigm, to build a new blockchain
Stripe is funding a new blockchain called Tempo to process stablecoins faster. And a legion of big names is joining the effort.
Stripe is funding a new blockchain company called Tempo, co-founder CEO Patrick Collison announced on Thursday. Tempo is aimed at high-volume processing of stablecoins — coins that help reduce crypto’s notorious volatility because they are pegged to a stable asset like the U.S. dollar. Plus, Stripe board member Matt Huang, co-founder of one of the most prestigious crypto VC firms, Paradigm, has signed on to lead Tempo.
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