Stripe and Paradigm have been revealed to be jointly building a payment-focused L1 "Tempo", aiming to create a "high-performance, payment-first" Ethereum-compatible chain, which is still under stealth development.

This is not just another "chain", but it directly targets the stablecoin clearing and settlement, as well as the fee structure on the merchant side.

If Stripe truly integrates its merchant network and off-chain risk control, the PaymentFi sector will be reshaped.

Keep an eye on whether a native token is issued, and how compliance KYC/AML and "auditable privacy" are handled.