Stripe has announced the launch of its own Layer-1 blockchain, Tempo, marking a significant expansion into the digital asset space. The company has also acquired stablecoin platform Bridge and crypto wallet provider Privy, enhancing its capabilities in global payments and digital asset management. A JPMorgan report highlights Stripe's strategic focus on digital asset infrastructure as a key growth area, with an addressable market potential exceeding $350 billion.
Stripe Unveils Tempo Blockchain, Acquires Bridge and Privy
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