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Stripe's Tempo Makes Its Case

Tempo’s launch signals more industry momentum — and tradeoffs — ahead.
Stripe's Tempo Makes Its Case
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Tempo hit mainnet last week, cementing a reality that would've been absurd two years ago – Stripe just launched a blockchain.

Alongside mainnet, Tempo shipped Machine Payments Protocol (MPP), and Stripe hosted Commons, their first explicitly crypto event. With Tempo, Stripe now controls a full crypto stack: Bridge for cross-border settlement and stablecoin issuance (SpaceX and Meta are already using it for cost and speed), Privy for wallet infrastructure (now powering stablecoin cards in 100+ countries), and Tempo as the chain itself.

Tempo is a payment-optimized, Stripe-developed L1 EVM built on Reth – Paradigm's high-performance Ethereum client. The chain launches with a permissioned validator set, but supports roughly 10,000 TPS (with 100K ambitions), comes with 400-600ms block times, and offers support for parallel transactions to increase throughput. 

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David Christopher

Written by David Christopher

647 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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