Stripe’s Tempo Blockchain Reaches $5B Valuation After $500M Raise
Stripe’s blockchain project Tempo secured $500 million in Series A funding led by Thrive Capital and Greenoaks, achieving a $5 billion valuation less than two months after unveiling its layer-1 blockchain optimized for stablecoin payments. The payments-focused network will compete with established players like Circle’s USDC in the rapidly expanding stablecoin infrastructure market.
