According to Bloomberg, Stripe and crypto venture capital firm Paradigm have announced that their jointly developed blockchain project, Tempo, has officially entered public beta, allowing businesses to build stablecoin-based payment applications. New partners include UBS and Cross River Bank, while existing partners cover Deutsche Bank, Nubank, OpenAI, and Anthropic. Tempo uses an independent payment channel design to reduce transaction costs and speed up settlement, with a fixed transaction fee of $0.001 per transaction, supporting USD stablecoins including USDT and USDC.
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According to Bloomberg, Stripe and crypto venture capital firm Paradigm have announced that their jointly developed blockchain project, Tempo, has officially entered public beta, allowing businesses to build stablecoin-based payment applications. New partners include UBS and Cross River Bank, while existing partners cover Deutsche Bank, Nubank, OpenAI, and Anthropic. Tempo uses an independent payment channel design to reduce transaction costs and speed up settlement, with a fixed transaction fee of $0.001 per transaction, supporting USD stablecoins including USDT and USDC.