Visa, Stripe, and Zodia Custody under Standard Chartered Bank have become validators for the Tempo payment blockchain

According to Theblock, institutional payment giants Visa and Stripe, as well as Zodia Custody under Standard Chartered Bank, have become early validators of Tempo.

It is reported that Tempo is an Ethereum-compatible Layer 1 built for high-throughput payments and stablecoin settlements. The project is incubated by Stripe and Paradigm and launched on a private testnet in September. At the same time, Tempo also launched a proxy payment protocol aimed at enabling transactions through software proxies.