Polymarket trading figures are being double-counted: Paradigm

Polymarket users have forecasted a 97% probability of a 25 basis points rate cut by the Federal Reserve, a move that could potentially stimulate economic activity while also raising concerns about economic stability. This forecast reflects the current sentiment among traders regarding monetary policy and its implications for the market.

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.

The cryptocurrency industry is approaching a significant turning point, often referred to as its 'Netscape moment,' driven by the introduction of regulated investment products, as highlighted by Matt Huang of Paradigm. This shift indicates a growing acceptance and integration of crypto into mainstream finance.

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.

Polymarket has integrated Monad to support native deposits, which will facilitate faster transactions for MON and USDC, enhancing user experience and multi-chain access. This integration is expected to streamline operations for users engaging in decentralized prediction markets.