- Main event: Tempo’s testnet launch with Stripe and Paradigm support.
- Testnet focuses on instant, deterministic settlement.
- Stablecoin payments are central to Tempo’s blockchain.
Tempo, a payments-first L1 blockchain backed by Stripe and Paradigm, has launched its public testnet. This blockchain aims to deliver instant, deterministic settlement and stablecoin-native payments, highlighting partnerships with companies like Visa and Deutsche Bank.
Tempo has launched its payments-centric Layer 1 blockchain testnet, backed by Stripe and Paradigm, focusing on instant settlement and stablecoin payments. The public testnet went live today as announced by Tempo.
Tempo’s testnet launch signals a shift towards efficient blockchain solutions for payments, promising rapid settlements and wide industry adoption. It has ignited interest in leveraging blockchain for financial transactions.
The launch of Tempo’s testnet establishes a new player in the blockchain space, with Stripe and Paradigm as prominent backers. The testnet emphasizes instant, deterministic settlement to handle real payment workloads involving major companies.
Numerous well-known firms are validating transactions on Tempo’s testnet, with financial institutions like Deutsche Bank and Visa involved. All validators are currently operated by Tempo, with plans to expand participation over time.
On the financial front, Tempo reportedly raised $500 million at a $5 billion valuation, indicating strong institutional confidence. Its blockchain is designed to handle payments, specifically focusing on USD stablecoins.
“Tempo is built to deliver instant, deterministic settlement, predictably low fees, and a stablecoin-native experience, which are qualities that most general-purpose blockchains still struggle to provide for financial applications.” – Tempo Blog
The introduction of Tempo could reshape payment infrastructures, potentially influencing regulations as financial institutions test tokenized deposits. The underlying technology promises fast settlement, bridging gaps in current blockchain capabilities.
If Tempo’s testnet success translates into mainnet performance, it could spur advancements in blockchain adoption for payments, influencing existing systems and encouraging similar technological innovations in the sector.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
IEEPA tariff refunds advance as appeals court denies delay
After the Supreme Court found the tariffs exceeded emergency powers and an appeals court denied a delay, IEEPA tariff refunds proceed, with CIT shaping timing.
Bitcoin holds $70,000 as ETF inflows hold, macro in focus
Bitcoin at $70,000, spot Bitcoin ETF flows, key support and resistance are assessed; analysts cite flow data and macro liquidity shaping the $70k defense.
Uzbekistan gold exports remain suspended as prices stay high
Analysts cite high prices and reserve management for Uzbekistan gold exports staying paused; IMF notes trade and inflation risks from non-monetary flows.
Bitcoin held by MicroStrategy edges up on 3,015 BTC buy
The company bought 3,015 BTC for $204M, lifting MicroStrategy Bitcoin holdings to 720,737 BTC (~3.4% of supply), valued around $48 billion, the company said.
Ethereum weighs EIP-7864 on 2026 execution roadmap
EIP-7864 switches Ethereum’s state tree to binary to shrink Merkle branches and lower zk proving overhead; a RISC-V VM path is exploratory with timeline risks.
Bitcoin steadies as Feb. 28 40x short claims face checks
Flow data via Hyperliquid and CryptoQuant checks the Feb. 28 trade; 40x BTC short, liquidation price, Bitcoin funding rates tied to liquidation risk drivers
