Meanwhile, Binance’s [BNB] stablecoin reserves hit a record $45.8 billion, even as outflows rise. Are traders preparing for a short-term rally?
Tempo’s $500 million leap
Tempo just pulled off one of blockchain’s biggest fundraising rounds in years: a $500 million Series A that pushed its valuation to $5 billion. The Stripe-backed stablecoin payments firm is attracting major TradFi players like Thrive Capital and Sequoia.
Adding to the buzz, veteran Ethereum developer Dankrad Feist has joined Tempo, saying its mission aligns with Ethereum’s broader vision rather than competing with it.
This makes Tempo a serious contender in the stablecoin infrastructure race.
Meanwhile, Stripe itself has started rolling out stablecoin payments for subscription services, a move that would support AI startups and firms with recurring revenue models.
The feature, launched in private preview for U.S. businesses, allows payments in USDC across Base and Polygon networks.
