Crypto nears its ‘Netscape moment’ as industry approaches inflection point

Tempo, a blockchain initiative backed by Stripe and Paradigm, has launched its public testnet, collaborating with major partners including Mastercard, Klarna, UBS, and Kalshi. This development aims to facilitate sub-cent stablecoin payments, positioning Tempo as a significant player in the evolving landscape of mainstream finance.

Stripe and Paradigm have launched the public testnet for their stablecoin blockchain, Tempo, which aims to provide tools for developer onboarding and stablecoin testing. This initiative marks a significant step in the evolution of payment solutions within the cryptocurrency space.

Tempo, a blockchain initiative backed by Stripe and Paradigm, has launched its testnet, focusing on payment solutions and attracting significant institutional partners including Kalshi, Mastercard, and UBS. This marks a pivotal step in the development of a blockchain designed for efficient payment processing.

Paradigm researchers have identified that Polymarket's trading volume is being double-counted across major analytics dashboards due to redundant blockchain events, raising concerns about the accuracy of reported trading figures.

Paradigm has led a $13.5 million funding round to support Crown's BRLV stablecoin, which is pegged to the Brazilian real. This investment highlights the growing interest in stablecoins within the cryptocurrency market, particularly in Brazil, where digital assets are gaining traction.