Stripe’s Tempo Blockchain Is a ‘Referendum on the Ghost of Libra,’ Says Libra Co-Creator
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
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Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
The chain’s stablecoin-first design aims to handle global payouts, microtransactions, remittances and AI agentic payments, Stripe CEO Patrick Collison said.
Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Bridge acquired Triangle for an undisclosed amount.
Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate.
Payment giant Visa’s blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked back up in 2024.
Stripe, a global payment processing giant with annual revenues exceeding $15 billion, has announced plans to reintegrate cryptocurrency into its … Continue reading
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Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin.