Stripe, Paradigm Launch Tempo Blockchain Testnet for Stablecoin Payments

Stripe and Paradigm Expand Tempo's Blockchain Testnet

  • Stripe and Paradigm have launched the public testnet for Tempo, a payments-focused blockchain.
  • The initiative allows companies to build stablecoin payment applications on the network.
  • New partners include UBS, Cross River Bank, and Kalshi, joining existing participants like Deutsche Bank, Nubank, OpenAI, and others.
  • Tempo’s design focuses on predictable settlement times and fee stability, distinguishing itself from traditional blockchains.
  • Transactions are charged a fixed fee of one-tenth of a cent, accepting stablecoins including USDT and USDC.
  • This model supports microtransactions, appealing to fintech and AI firms preferring usage-based fees.
  • Coastal Bank is exploring new capabilities enabled by Tempo's structure.
  • The launch aligns with increased US institutional crypto participation, influenced by the GENIUS ACT regulatory framework.

Pepe Node Presale Progress

  • Early-stage project Pepe Node is nearing its $2.5 million presale target, currently priced at $0.0010.
  • It offers virtual meme coin mining rigs and bonus rewards through network participation.
  • Over $2.3 million has been raised so far in the presale.

Pepe Node Presale