{"id":41943,"date":"2025-08-13T11:46:52","date_gmt":"2025-08-13T11:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41943"},"modified":"2025-08-13T11:46:52","modified_gmt":"2025-08-13T11:46:52","slug":"stripe-taps-paradigms-matt-huang-to-lead-new-blockchain-tempo-fortune","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41943","title":{"rendered":"Stripe Taps Paradigm\u2019s Matt Huang to Lead New Blockchain Tempo: Fortune"},"content":{"rendered":"<div>\n<p>Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture firm Paradigm, as the chief executive officer of its<a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/12\/stripe-building-payments-blockchain-tempo-with-paradigm-fortune\"> upcoming blockchain Tempo<\/a>.<\/p>\n<p>Huang, who already sits on Stripe\u2019s board, will retain his position at Paradigm. That\u2019s according to <a href=\"https:\/\/fortune.com\/crypto\/2025\/08\/12\/matt-huang-paradigm-stripe-tempo-blockchain-ceo\/\">Fortune<\/a>, citing sources familiar with the project.<\/p>\n<p>The move aligns with a growing trend of developing stablecoin-focused blockchains. These include <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/28\/stablecoin-focused-bitcoin-sidechain-plasma-draws-usd373m-in-oversubscribed-token-sale\">Plasma<\/a>, which recently attracted over $373 million in an oversubscribed token sale, and Tether-focused blockchain <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/31\/tether-focused-blockchain-stable-raises-usd28m-to-power-stablecoin-payments\">Stable.<\/a><\/p>\n<p>The stablecoin sector, with a <a href=\"https:\/\/defillama.com\/stablecoins%5C\">$270 billion market capitalization<\/a>, has been growing exponentially and was further propelled by Trump\u2019s recent<a href=\"https:\/\/www.coindesk.com\/policy\/2025\/07\/18\/trump-is-to-sign-the-historic-genius-act-into-law-what-does-it-mean-for-crypto\"> signing of the GENIUS Act into law.<\/a> The act established a regulatory framework for the sector in the U.S.<\/p>\n<p>Tempo is described as a \u201chigh-performance, payments-focused\u201d layer 1 that will run code compatible with Ethereum. It\u2019s unclear when the blockchain will be launched, or whether it\u2019ll have its own token.<\/p>\n<p>Huang, a former Sequoia partner, has helped Paradigm manage $12.7 billion in assets and back projects including decentralized exchange Uniswap and crypto infrastructure provider Fireblocks.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/12\/stripe-building-payments-blockchain-tempo-with-paradigm-fortune\">Stripe Building Payments Blockchain &#8216;Tempo&#8217; With Paradigm: Fortune<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stripe has appointed Matt Huang, co-founder and managing partner of crypto venture firm Paradigm, as the chief executive officer of its upcoming blockchain Tempo. Huang, who already sits on Stripe\u2019s board, will retain his position at Paradigm. That\u2019s according to Fortune, citing sources familiar with the project. The move aligns with a growing trend of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41943","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41943"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41943\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}