Stripe is launching a new blockchain venture called Tempo, co-founder and CEO Patrick Collison announced on Thursday. The project is designed to handle high-volume processing of stablecoins—digital currencies pegged to stable assets like the U.S. dollar—to reduce the volatility that has long hindered mainstream crypto adoption. The move builds on Stripe’s 2023 acquisition of Bridge, a stablecoin company, signaling a deeper commitment to digital payments infrastructure. What stands out is the impressive lineup of founding partners already involved. Tempo has secured support from major tech and financial institutions including Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, and Visa. If successful, these companies could integrate Tempo’s technology into a range of applications, from automated, AI-driven payments to cross-border remittances and enterprise settlements. Matt Huang, a Stripe board member and co-founder of Paradigm—one of the most influential venture capital firms in the crypto space—will lead Tempo as its CEO. Paradigm has also made a direct investment in the project. Collison emphasized that Tempo will operate as an independent company, with its own governance and development roadmap. The initiative reflects Stripe’s growing ambition to shape the future of digital money beyond traditional payment processing. By bringing together leading AI firms, fintech platforms, and global banks, Tempo aims to create a scalable, secure, and interoperable blockchain tailored for real-world financial use cases.