Stripe’s Tempo Testnet Launches with Major Partnerships
- Tempo, backed by Stripe and Paradigm, launched its public testnet aimed at stablecoin payments.
- New partners include Klarna, Kalshi, Mastercard, and UBS, joining existing partners like Deutsche Bank and Visa.
- The network charges approximately $0.001 per transaction, focusing on low fees and instant finality.
- ZKsync Lite will be deprecated in early 2026 as Matter Labs transitions to ZKsync Era for advanced rollup capabilities.
- Blockstream introduced atomic swaps between Bitcoin’s Lightning and Liquid networks for easier payments.
The launch of Tempo’s testnet marks a significant step towards mainstream adoption of stablecoin payments, supported by major financial institutions aiming to enhance blockchain efficiency in transactions.
With the testnet now live, developers can explore real-world applications while addressing issues like network congestion and high fees inherent in traditional blockchain systems.(Source)
