John Egan played a key role in the development of Stripe’s crypto strategy, including both its acquisition of the stablecoin company Bridge and the crypto wallet developer Privy.
Exclusive: Fintech giant Stripe building ‘Tempo’ blockchain with crypto VC Paradigm
August 11, 2025
Exclusive: Top crypto VC Matt Huang to lead Stripe blockchain Tempo as CEO, stay at Paradigm
August 12, 2025
Polygon Labs launches DeFi-focused blockchain
Huang serves on Stripe’s board, and his VC firm Paradigm is helping incubate the fintech’s blockchain.
Led by Paradigm managing partner Matt Huang, Tempo is Big Tech’s first major move into crypto.
Stripe is developing what it calls Tempo, and Circle announced Tuesday that it’s building a protocol called Arc.
Stripe’s new product, Open Issuance, will allow businesses to launch their own stablecoins.
The longtime blockchain developer bought cash-to-crypto company Coinme and wallet infrastructure firm Sequence.
Tempo, incubated by Stripe and the venture firm Paradigm, raised $500 million at a $5 billion valuation in 2025.
