Layer 1 blockchains: A new competitive landscape emerges

Layer 1 blockchain technology is evolving from infrastructure to strategic advantages for companies. Notably, Stripe’s Tempo creates a new payments-focused L1, reflecting the tension between corporate-controlled and decentralized systems.

Crypto-native businesses face challenges against corporate giants like Stripe and Coinbase. However, opportunities exist for those who prioritize privacy and innovation, potentially capturing a niche within this competitive landscape.

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