Stripe | Crypto

The EU-licensed digital bank becomes the first financial institution to issue a token on Stripe and Paradigm’s layer-1 blockchain Tempo. Payments company Klarna has launched a stablecoin, becoming the first digital bank to issue a token on Tempo, the new layer-1 blockchain developed by Stripe and Paradigm. According to Tuesday’s announcement, the new stablecoin is pegged to the US dollar and is currently live on Tempo’s testnet, with an upcoming mainnet launch set for 2026. Called KlarnaUSD, the stablecoin was built by Bridge, a stablecoin infrastructure provider also owned by Stripe. The move expands Klarna’s long-standing payments partnership with Stripe across its 26 global markets. Read more

Tempo leads an investment round in startup Commonware to advance blockchain infrastructure for real-world payments. Crypto infrastructure startup Commonware has raised $25 million in a funding round led by Tempo, a payments-focused blockchain network, underscoring a renewed effort to scale blockchain-based payment systems. The deal, first reported by Fortune on Friday, is notable because Tempo was launched in September by fintech giant Stripe and crypto venture firm Paradigm. Commonware said other investors participated in the round but declined to name them. Commonware develops open-source software that allows other companies to build and deploy their own blockchains, supporting the growing ecosystem of payment-oriented Web3 infrastructure. Read more

Payments giant Stripe is helping build Tempo, a layer-1 blockchain focused on payments and stablecoins. Here's what you need to know.

Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune.  Sequoia Capital, Ribbit Capital and Ron Conway’s SV Angel also joined the round, while Stripe and Paradigm did not contribute additional capital, a person familiar with the deal said. The news comes less than two months after Stripe, a global payments and fintech giant, unveiled plans for its new layer-1 blockchain in partnership with Paradigm, a venture capital firm that invests in crypto and Web3 startups.  Read more

Feist, who is one of the Ethereum Foundation's key researchers, said that Tempo and Ethereum share similar values and "complement" each other. Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced Friday that he’s joining Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm. Feist said he will remain as a “research adviser” at the Ethereum Foundation to provide input on scaling the layer-1 network, improving user experience (UX), and blobs, a feature of the Ethereum network that frees up blockspace by temporarily storing data. He added: I am looking forward to staying involved with the community and continuing to push Ethereum forward,” he said. Cointelegraph reached out to Feist but was unable to receive a response by the time of publication. Read more

Stripe CEO Patrick Collison believes the growing popularity of stablecoins will eventually force banks to raise deposit yields or risk losing customers. The post Stripe CEO: Stablecoins Will Force Banks to Offer Competitive Deposit Yields appeared first on Cryptonews.

Yield-bearing stablecoins will force traditional banks and legacy financial institutions to offer customers real yield on their deposits. Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain competitive, according to Patrick Collison, CEO of payments company Stripe. The average interest rate for US savings accounts is 0.40%, and in the EU, the average rate on savings accounts is 0.25%, Collison said in response to VC Nic Carter’s X post outlining the rise of yield-bearing stablecoins and the future of the sector. Collison added: The business imperative here is clear — cheap deposits are great, but being so consumer-hostile feels to me like a losing position,” he continued. Read more

MoonPay, Agora, Paxos, Frax and others are challenging Stripe’s Bridge proposal to issue Hyperliquid’s USDH stablecoin, pushing for community rewards. Stripe is facing pushback in its bid to issue Hyperliquid’s planned USDH stablecoin, as a coalition of crypto firms, including MoonPay, Agora and Rain lined up competing proposals alongside Paxos and Frax. In a Friday Discord message, the Hyperliquid team announced it wants to create a “Hyperliquid-first, Hyperliquid-aligned, and compliant USD stablecoin” with the USDH ticker. This was followed by the Native Markets teams submitting the first proposal, which would see Stripe’s stablecoin payment processor, Bridge, issue USDH. Native Market’s proposal promised to contribute “a meaningful share of its reserve proceeds” to Hyperliquid’s Assistance Fund treasury, mint directly on the ecosystem and be regulatory compliant. Still, Agora co-founder and CEO Nick Van Eck submitted an alternative proposal, arguing against the Stripe-linked alternative: Read more

Stripe and Fireblocks networks will go up against crypto-native players such as Ripple and Stellar, as well as established global processors like Visa. The race to build global stablecoin payment rails is accelerating as traditional finance and crypto infrastructure companies bet on global money flow. On Wednesday, blockchain infrastructure provider Fireblocks announced a global stablecoin payment network focused on compliance and connectivity, while Stripe CEO Patrick Collison unveiled Tempo, a new layer-1 blockchain designed for stablecoin transactions. Fireblocks’ new stablecoin network is focused on interoperability for “programmable, compliant, real-time money movement," said Ran Goldi, Fireblocks’ senior vice president of Payments and Network. Read more

Payments giant Stripe and crypto investment firm Paradigm have teamed up to build a layer-1 blockchain focused on payments and stablecoins.

Stripe and Paradigm unveiled Tempo, a layer-1 blockchain designed for stablecoin payments. A Sept. 4 announcement from Paradigm founder Matt Huang validates speculation that began when Stripe posted and quickly deleted blockchain engineering job listings in August. Private testnet phase Tempo operates in a private testnet with select partners testing cross-border payouts, B2B payments, and […] The post Stripe and Paradigm reveal Tempo layer-1 blockchain for stablecoin payments infrastructure appeared first on CryptoSlate.

Privy’s technology, used by platforms like OpenSea and Blackbird, will be integrated into Stripe’s crypto tools.

The acquisition of Privy follows Stripe’s entry into the stablecoin market in 2024. Stripe has acquired Privy, a cryptocurrency wallet infrastructure developer, for an undisclosed amount, highlighting the global payment processor’s growing pivot toward digital assets.  Privy confirmed the acquisition on Wednesday in an announcement on social media that it will continue to operate as an independent product embedded within the Stripe ecosystem.  As part of Stripe, Privy will “keep building for developers building on crypto rails [but] now with more resources, flexibility, and firepower,” the company said. Read more

Stripe’s president confirms growing interest in stablecoins from banks, but adoption would still require more green lights from regulators. Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking. After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks. “In the conversations we have with them, they’re very interested,” Stripe co-founder and president John Collison said in an interview with Bloomberg News on May 30. Read more

BTC nears $100k on trade news optimism. BTC exchange reserves dropping dramatically. Stripe introduces stablecoin financial accounts. Robinhood plans blockchain platform for trading. US banks can handle crypto custody assets: OCC. Revolut integrates BTC payments in Europe. Bailey raising $300m for BTC investment firm. Strive to move to BTC treasury. Metaplanet issues $25m bonds to buy BTC. ETH’s Pectra upgrade now live. Tether, Plasma collab on zero fee USDT transfers. Jupiter introduces transfers via link or QR code. Bybit’s BTC liquidity back to pre-hack levels. Tether treasury mints another $1bn USDT. $45m stolen from Coinbase users in last week. Moonpay collabs with TRON.

Stripe unveiled a new AI foundation model for payments and expanded support for stablecoins and embedded finance. The firm made the announcement at its annual Sessions conference, where it introduced more than 60 product updates. The enhanced stablecoin integration comes more than six months after the firm acquired Bridge for $1.1 billion. AI foundation model […] The post Stripe unveils AI foundation model for payments and deeper stablecoin integration appeared first on CryptoSlate.

Stablecoin demand is on the rise, with market capitalization surpassing $231 billion in May 2025. Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and hold US-dollar stablecoin account balances, similar to how a traditional fiat bank account works." The product's technical page shows that the new account feature will support Circle's USDC (USDC) and Bridge's USDB (USDB) stablecoins. Stripe acquired the Bridge platform in October 2024. The product will be available to clients in more than 100 countries, including Argentina, Chilé, Turkey, Colombia, and Peru, among others. Read more