Stripe's killing SWIFT? Their new L1 blockchain Tempo unites OpenAI, Visa, & Deutsche Bank to make stablecoins the default global payment rail 😳⛓; Revolut’s financial engineering masterclass 💸🏦
FinTech is Eating the World, 5 September
Hey Everyone,
Good morning & happy Friday! Today’s issue is the best one yet as we’re looking into Stripe’s & Paradigm’s new L1 blockchain Tempo that unites OpenAI, Visa, Shopify, and Deutsche Bank to make stablecoins the default global payment rail (key details we know so far, why it matters, could it kill SWIFT + the ultimate list of stables resources, deep dive into Circle’s latest earnings & more inside!), and Revolut’s financial engineering masterclass, and why every FinTech should be taking notes (what it’s all about, why it matters & what’s next + bonus deep dives into Revolut, Nubank & more inside!). So let’s just jump straight into the transformative stuff 🌶️
Stripe's killing SWIFT? Their new L1 blockchain Tempo unites OpenAI, Visa, Shopify, and Deutsche Bank to make stablecoins the default global payment rail 😳⛓
The BIG News 🗞️ FinTech powerhouse Stripe and crypto investment firm Paradigm just announced Tempo, a blockchain infrastructure play designed specifically for real-world payments. This Layer-1 blockchain represents a strategic departure from traditional crypto infrastructure, prioritizing stablecoin transactions over (speculative) trading activities that still dominate existing networks.
Let’s take a look at this, uncover the key details, and see why it could be huge.