New Layer-1 Network Opens to Developers With Tools for Stablecoin Creation and Real-Time Payments
Tempo the stablecoin-focused blockchain developed by Stripe and Paradigm—has officially released its public testnet, marking a major step toward the launch of its full layer-1 network. The open-source testnet allows anyone to run a node, sync the chain and begin experimenting with Tempo’s payment-driven architecture.
In its announcement, the team said the rollout begins a phase centered on scalability, reliability and developer integration. Over the coming months, Tempo plans to onboard additional infrastructure partners, expand tooling and stress-test real-world payment throughput.
The testnet currently supports six core features designed for financial applications. These include dedicated payment lanes, stablecoin-native gas, built-in decentralized exchange functionality for stable assets, metadata-rich payments, fast deterministic finality, and modern wallet signing methods. The project emphasized that Tempo is engineered to deliver instant settlement and predictably low fees, addressing limitations seen in general-purpose blockchains.
Developers testing the network can also create stablecoins directly from their browsers using Tempo’s TIP-20 token standard. While the testnet enables stablecoin deployment, liquiidity and collateral requirements for the mainnet have not yet been defined.
Tempo’s public testnet follows a rapid development period. Four months after its unveiling and three months after raising $500 million at a $5 billion valuation, the network has expanded its list of design partners. Founding collaborators such as OpenAI, Deutsche Bank, Standard Chartered and Shopify are now joined by Mastercard, UBS Kalshi and Klarna.
Klarna recently became the first digital bank on Tempo to issue a USD-pegged stablecoin, helping accelerate real-world testing as the network prepares for broader commercial use.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.