Stripe builds a new blockchain nicknamed Tempo with the Capital-Risk Capital Society Paradigm, according to a job publication now carried out dated August 3 on the website of the Blockchain Association.
The role searched for a product marketer with the experience of fortune 500, reporting a business thrust, according to Fortune.
This decision coincides with the development of other blockchains focused on stables. These include plasma, which attracted more than $ 373 million to a sale of overwriter tokens and a blockchain stable focused on ties.
The interest in the stablecoin sector of $ 270 billion increased exponentially. Trump’s recent signature of the Act on Engineering has contributed to stimulating the sector, as it establishes a regulatory framework for the sector in the United States
The tempo is described as a layer 1 “high performance and focused on payments” which will perform code compatible with Ethereum. The project is in stealth with a team of five, reports Fortune, invoking sources familiar with the effort. We do not know if he will have his own native token.
The development of the blockchain marks another stage of the Stripe Crypto strategy, which saw it acquire a stablecoin platform bridge for $ 1.1 billion last October. The company also acquired the Crypto Wallet startup to the privilege of expanding its web3 capacities and explored bank partnerships on Stablecoins.
