Stripe and Paradigm launch Tempo blockchain in public beta

Stripe has launched its Tempo blockchain, developed with Paradigm, which is now in public beta. This allows all businesses to utilize the platform, which focuses heavily on stablecoin payments.

Tempo has partnered with UBS, Cross River Bank, and Kalshi, alongside existing partners like Deutsche Bank. The innovative payment channel ensures a fixed transaction fee of 0.1 cents per transaction, accommodating various USD stablecoins.

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