Stripe is building a new Blockchain tempo bent with Paradigm risk crypto, according to a work publication now recovered dated August 3 on the Blockchain Association website.
The paper looked for a seller of products with fortune 500 experience, indicating a business impulse, according to Fortune.
The movement coincides with the development of other blockchains centered on the stable. These include plasma, which attracted more than $ 373 million in a sale of excessive token and a blockchain stable centered on the tap.
Interest in the Stablecoin sector of $ 270 billion has been growing exponentially. The recent Trump firm of the Genius law has helped boost the sector, since it established a regulatory framework for the sector in the United States.
Tempo is described as a “high performance layer 1, focused on payments” that will execute the code compatible with Ethereum. The project is in stealth with a team of five, Fortune reports that cite familiar sources with the effort. It is not clear if you will have your own native token.
The development of Blockchain marks another step in the Stripe crypto strategy, which saw the Stablecoin platform bridge for $ 1.1 billion last October. The firm has also acquired the PRIPY cryptographic wallet startup to expand its web3 capabilities, and has explored banking associations in Stablecoins.
