Stripe Launches L1 Blockchain: Tempo

#1

Post by _nvs » Thu, Sep 04, 2025, 4:32 PM UTC

Stripe Launches L1 Blockchain: Tempo
tempo.xyz

Re: Stripe Launches L1 Blockchain: Tempo

#2

Post by luma » Thu, Sep 04, 2025, 4:40 PM UTC

I question the logic behind trying to introduce a new blockchain in 2025 but I have to acknowledge how fricken cool the scroll animation is here.

Re: Stripe Launches L1 Blockchain: Tempo

#3

Post by colesantiago » Thu, Sep 04, 2025, 4:43 PM UTC

I don't get it.

Why does Stripe want to creatively ruin their reputation by venturing into crypto / blockchain?

I don't see anyone in the real world using blockchains at all.

I get AI as it was a real world paradigm shift, but I have never seen anything in this blockchain / crypto space that has reached 100-500 million users let alone 1 billion users, that isn't based on speculation.

Re: Stripe Launches L1 Blockchain: Tempo

#4

Post by perks_12 » Thu, Sep 04, 2025, 4:43 PM UTC

The whole payment sector is so fucking idiotic. Why would Stripe need a L1? Partnered with paradigm? The company behind every crypto scam in the past 5 years? Who needs this? Who wants this? I just want to order a book from Amazon; why would there be a blockchain?

Re: Stripe Launches L1 Blockchain: Tempo

#5

Post by warkdarrior » Thu, Sep 04, 2025, 4:46 PM UTC

perks_12 wrote: post #4

The whole payment sector is so fucking idiotic. Why would Stripe need a L1? Partnered with paradigm? The company behind every crypto scam in the past 5 years? Who needs this? Who wants this? I just want to order a book from Amazon; why would there be a blockchain?

Paradigm is closely aligned to the current US administration, so it's valuable to Stripe to suck up to them.

Re: Stripe Launches L1 Blockchain: Tempo

#6

Post by diggan » Thu, Sep 04, 2025, 4:46 PM UTC

> Tempo was started by Stripe and Paradigm, with design input from Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, Visa, and more.

Does this mean these companies are about to start accepting stablecoins as payment (via Tempo?) some time in the future? Seems out of the ordinary to work with these companies otherwise.

Re: Stripe Launches L1 Blockchain: Tempo

#7

Post by Slurpee99 » Thu, Sep 04, 2025, 4:46 PM UTC

What is this supposed to deliver to their users?

Re: Stripe Launches L1 Blockchain: Tempo

#8

Post by super256 » Thu, Sep 04, 2025, 4:47 PM UTC

colesantiago wrote: post #3

I don't get it. Why does Stripe want to creatively ruin their reputation by venturing into crypto / blockchain? I don't see anyone in the real world using blockchains at all. I get AI as it was a real world paradigm shift, but I have never seen anything in this blockchain / crypto space that has reached 100-500 million users let alone 1 billion users, that isn't based on speculation.

I use crypto often. I can pay my server with it, I can pay my domains with it, I support my torrent ALT with it, I buy my drugs with it.

People use it for selling accounts, usernames, cheats and probably much more for it. Many of these also use Stripe (major cheat providers offer payments via Stripe and crypto, so why shouldn't Stripe also try to capture the value of Crypto payments?).

Re: Stripe Launches L1 Blockchain: Tempo

#9

Post by super256 » Thu, Sep 04, 2025, 4:48 PM UTC

luma wrote: post #2

I question the logic behind trying to introduce a new blockchain in 2025 but I have to acknowledge how fricken cool the scroll animation is here.

Telegram has recently proven that there is still demand for this stuff.

Re: Stripe Launches L1 Blockchain: Tempo

#10

Post by Cieric » Thu, Sep 04, 2025, 4:48 PM UTC

I wonder if this was initiated by all of the steam and itch.io content getting removed due to payment processor rules. If I remember correctly steam used stripe (at least at one point in time) so it might be trying to get back into that market without being limited by the payment processors above them.