The payment public chain Tempo incubated by Stripe and Paradigm has been launched on the private test network

According to BlockBeats, on September 5, according to official news, the payment public chain Tempo incubated by Stripe and Paradigm has been launched on the private test network. Tempo is designed for stablecoins and real-world payments, with the goal of providing low fees, support for transfers and payments in any stablecoin, optional privacy, and over 100,000 TPS. The first batch of partners include Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered Bank, Visa, etc. Tempo's application scenarios cover global collection and payment, salary payment, embedded financial accounts, fast and low-cost cross-border remittances, 24/7 settlement tokenized deposits, micro payments, and intelligent payments. Tempo is built on Reth and is compatible with EVM.