Payment public chain Tempo, incubated by Stripe and Paradigm, has launched its private testnet
BlockBeats News, September 5, according to official sources, the payment public chain Tempo, incubated by Stripe and Paradigm, has launched its private testnet. Tempo is specifically designed for stablecoins and real-world payments, aiming to provide low fees, support for transferring and paying gas fees with any stablecoin, optional privacy, and over 100,000 TPS.
The first batch of partners includes Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered Bank, Visa, and others.
Tempo's application scenarios cover global payments and collections, payroll distribution, embedded financial accounts, fast and low-cost cross-border remittances, tokenized deposits with 24/7 settlement, micropayments, agent payments, and more. Tempo is built on Reth and is compatible with EVM.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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