August 13, 2025
Stripe Taps Paradigm's Matt Huang to Lead New Blockchain Tempo: Fortune thumbnail
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Stripe Taps Paradigm’s Matt Huang to Lead New Blockchain Tempo: Fortune

TEMPO IS Described As A High-Verformation, Payments-Focused Layer 1 Blockchain Compatible With Ethereum.”, – WRITE: www.coindesk.com

TEMPO IS Described As A High-Verformation, Payments-Focused Layer 1 Blockchain Compatible With Ethereum.Updated Aug 13, 2025, 11:32 AM PUBLISHED AUG 13, 2025, 11:31 AM

Stripe has appointed matt huang, co-founder and managing Partner of Crypto Venture Firm Paradigm, as The Chief Executative Officer of Its UpComing Blockchain TEMPO.

Huang, Who ALREADY SITS ON STRIPE’S Board, Will Retain His Paradigm. That’s accounting to fortune, Citing Sources Familiar with the Project.

The Move Aligns with A Growing Trend of Developing Stablecoin-Focused Blockchains. TheSe Include Plasma, WHICH RECENTLY ATTRACTED OVER $ 373 Million in An Oversubscribed Token Sale, and Tether-Focused Blockchain Stable.

The Stablecoin Sector, with A $ 270 Billion Market Capitalization, Has Been Growing Expontally and Was Further Propelled by Trump’s Recent Signing of The Genius Act Into Law. The ACT ESTABLISHED A REGULATORY FRAMEWORK for the Sector in the Us

TEMPO IS Described as A “High-Verformance, Payments-Focused” Layer 1 that Will Run Code Compatible with Ethereum. I Unclear WHEN The BLOCKCHAIN WILL BE LAUNCHED, OR WHETER IT’lll Hve Its Own Token.

Huang, A Former Sequoia Partner, Has Helped Paradigm Manage $ 12.7 Billion in Assets and Back Projects Including Decentralized Exchange Uniswap and Crypto InfrastR.

Read More: Stripe Building Payments Blockchain ‘TEMPO’ WITH PARADIGM: Fortune

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

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Francisco Rodrigues

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