Team

Matt Huang, co-founder and Managing Director of Paradigm, and a board member at Stripe, serves as the CEO of Tempo Network, a payment-focused blockchain project.

Patrick Collison, co-founder and CEO of Stripe, shapes Stripe payment innovation strategies and contributes to the core vision of Tempo.

Tempo is a joint initiative by Stripe and Paradigm, built as a Layer-1 blockchain optimized for payment processing. Matt Huang leads the project while maintaining his role at Paradigm.

Partnerships and Collaborators

Tempo was launched by Stripe and Paradigm with design contributions from major global firms, including Anthropic, Coupang, Deutsche Bank, DoorDash, Lead Bank, Mercury, Nubank, OpenAI, Revolut, Shopify, Standard Chartered, and Visa.

How It Works

Tempo is an EVM-compatible Layer-1 blockchain based on Reth, an Ethereum execution layer built in Rust. Its payment-focused architecture provides:

• Dedicated Payment Lane: Transactions are processed in a separate block space (isolated from DeFi or NFTs) for lower costs.

• Stablecoin Support: Supports all major stablecoins (including USDB) for flexible, low-fee settlements.

• High Performance: 100,000+ TPS with sub-second finality for real-time payments.

• Compliance & Privacy: Features block/allow lists, ISO 20022-compliant memo fields, and privacy mechanisms.

• Batch Transfers: Enables multiple transactions at once with native account abstraction.

As a result, payments are processed via stablecoins for global scalability, enabling cross-border transfers and microtransactions.

Real-World Use Cases

• Remittances: Low-cost cross-border transfers.

• Global Payments: Transactions without reliance on traditional banks.

• Embedded Finance: Integrate stablecoin-based payments directly into products.

• Microtransactions: Ideal for digital content or in-game payments.

• Agentic Commerce: Instant payments for autonomous transaction systems.

• Tokenized Deposits: On-chain interbank settlements.

Key Features

1. Specialized Payment Capabilities

Built-in tools like memo fields and batch transfers streamline financial operations.

• Embedded finance through stablecoin-compatible programmable payments.

• Low-fee microtransactions for digital goods and on-demand services.

• Autonomous agentic commerce for AI-driven transactions.

• Secure on-chain tokenized deposits for client funds.

2. Speed and Reliability

• 100,000+ TPS with sub-second finality.

• Real-time global payments.

3. Predictable, Low Fees

• Transactions payable in any stablecoin.

4. Built-in Privacy Measures

• Compliance-preserving confidentiality for sensitive transaction data.

Technical Specifications

• Fee Flexibility: Pay transaction fees in any stablecoin.

• Dedicated Payment Lane: Low-cost, isolated transaction flow.

• Stablecoin Interoperability: Native swaps supported.

• Batch Transfers: Send multiple transactions simultaneously.

• Block/Allow Lists: Compliance-ready permissions.

• Memo Fields: ISO 20022-compatible for off-chain reconciliation.

What Sets Tempo Apart

Tempo is an EVM-compatible Layer-1 built specifically for payments, not to replace general-purpose chains.

• Dedicated low-cost payment channel

• Stablecoin neutrality

• Native stablecoin exchange

• Low latency and high throughput

• Compliance-focused architecture

Developer Access & Adoption

Tempo is permissionless and neutral, meaning anyone can build on it. It’s currently being tested for cross-border payments, B2B transactions, remittances, and e-commerce.

A private testnet is available to selected partners and developers who can apply for access.

Roadmap & Launch

• Priority testnet access for selected partners.

• Public launch timeline to be announced; inquiries open via official channels.

Validator Nodes

Initially, validator nodes will be operated by design partners, transitioning later to a permissionless model.

Summary

Tempo Network delivers a fast, low-cost, and secure blockchain infrastructure purpose-built for high-volume payments. Developed alongside leading fintech and AI companies, it’s positioned to power the next generation of global financial transactions.

Official Links

• Website
• Twitter

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The post What Is Tempo Network? appeared first on Coin Engineer.

The ULTIMA token functions as the central token, providing access to all ecosystem products and connecting to the financial infrastructure.  

Team Information  

Founder / CEO: Alex Reinhardt  

Management & Audit: The Ultima team consists of experienced engineers in crypto and blockchain.  

Company & Investors: Specific investor lists are limited according to CoinMarketCap and official sources, with notable partnerships and ecosystem collaborations.  

Project Idea  

Ultima’s core idea is to solve existing problems in the crypto market. The project aims to enhance user experience through unique products such as modern crypto wallets, a crypto debit card, a crowdfunding platform, and its own marketplace. It also targets integration with traditional economies, bridging the gap between crypto and conventional financial systems.  

• Simplifying daily crypto payments  
• Managing assets with secure, advanced wallets  

How the Project Works  

• Crypto Wallets: Secure, user-friendly, 2FA supported  
• Crypto Debit Card: Enables real-world crypto payments  
• Crowdfunding Platform: Invest and support projects  
• Marketplace: Buy and sell products/services using crypto  
• Smart Contracts: Secure automated transactions and agreements  
• Global Infrastructure: Blockchain-based security, regular audits, and updates  

Governance  

ULTIMA token holders can have governance rights regarding ecosystem development, adding new products, or treasury spending. Voting power is proportional to the number of tokens held.  

Roadmap  

Initial Stage: Ecosystem & product development, community forum launch  

Mid-Term: Wallet & debit card integration, crowdfunding platform launch  

Advanced Stage: Marketplace launch, multi-chain integration, DeFi partnerships  

Long-Term: Enhance community & social gaming interactions, global payment solutions  

Timeline:  

• Sep 2023: Operations launch, promotion, “split” licenses, token listings  
• Oct 2023: “Split” contract, wallet, token, and reward payments  
• Feb 2024: Halving, crypto debit cards, CoinMarketCap listing, desktop wallet  
• Q2-Q3 2024: Dubai event, marketplace, travel platform, crowdfunding, ULTIMEX exchange, NFT marketplace  

Token Use Cases  

• Crypto payments  
• Crowdfunding and marketplace payments  
• Staking & community rewards  
• Ecosystem governance rights  

Token Information  

• Symbol: ULTIMA  
• Total Supply: 100,000  
• Max Supply: 100,000  
• Circulating Supply: 37,400  

Token Distribution & Halving Strategy

• Halving every 10 million blocks: Rules change approximately every 347 days  
• Gradual Distribution: Daily ULTIMA allocation decreases per block intervals:  
• Block 20,000,001 – 30,000,000: 12.96 per day  
• Block 30,000,001 – 40,000,000: 6 per day  
• Block 40,000,001 – 50,000,000: 3 per day  
• Permanent Distribution: After Block 50,000,001, daily distribution drops to 1 ULTIMA  

Ecosystem & Features  

• Advanced wallets for secure asset management  
• Crypto debit card for daily payments  
• Crowdfunding platform for supporting crypto projects  
• Marketplace for crypto-based trading  
• Instant and secure cross-border payments  
• Smart contract-based transaction security  
• ULTIMA FARM App: Allows users to freeze SPLIT tokens and mint Ultima tokens via smart contracts  
• Community and social gaming for engagement  

Ultima Highlights  

• 7+ years of development (since 2016)  
• Advanced global infrastructure  
• Deflationary mechanisms: limited supply, halving, liquidity pools  
• User-friendly interface for crypto beginners  

Official Links  

• Website
• Twitter
• Telegram

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The post What is Ultima (ULTIMA)? Half-Life, Farming and Uses appeared first on Coin Engineer.

Jesse McWaters, Mastercard’s Executive Vice President, emphasized the law’s importance. “Stablecoins are at a turning point,” he said. “The GENIUS Act signals a new era of regulatory clarity and trust in digital assets.” 

Mastercard Seeks to Embed Stablecoins in Trusted Systems 

McWaters highlighted how stablecoins are already being used in real-world cross-border transactions. From international B2B payments to remittances, they offer a faster and cheaper alternative to traditional methods. 

Still, Mastercard believes stablecoins lack one crucial element: a trusted intermediary. “To move from niche to mainstream, stablecoins need more than speed and programmability,” McWaters stated. “They must be embedded in systems people trust—systems that protect users, resolve disputes, and operate seamlessly across borders and platforms. That’s where Mastercard comes in.” 

The company has already launched initiatives like the Mastercard Multi-Token Network and Mastercard Crypto Credential. These aim to bring compliance and user protection into stablecoin ecosystems. 

A Vision Grounded in Centralized Infrastructure 

Mastercard’s strategy favors regulated, interoperable payment networks over peer-to-peer, trustless systems. The company continues to apply its proven model—one that has supported credit card transactions for decades—to digital assets. 

Mastercard describes itself as “one of the most trusted payment networks in the world” and aims to play a similar role in stablecoin infrastructure. That said, the company still faces criticism from vendors and users regarding transaction fees and alleged unfair practices in its traditional business model. 

The GENIUS Act has removed major regulatory barriers, opening the door for stablecoin adoption. Mastercard supports this evolution—but only under clear rules. The company envisions a future where stablecoins operate within trusted, centralized financial frameworks, not as unregulated or decentralized currencies.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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Webus’s XRP Move: A New Era in Cross-Border Payments 

Webus International announced plans to raise up to $300 million to build a Ripple reserve. This funding will come from non-equity sources such as bank loans, shareholder guarantees, and existing cash reserves. The company intends to integrate the XRP Ledger into its payment systems to achieve speed and cost advantages in international payments. 

CEO Nan Zheng stated that these strategic developments have the potential to create strong synergy between domestic and international operations. Zheng emphasized that XRP integration could revolutionize cross-border payments for partners and travelers worldwide. 

Current Status of XRP Market 

Despite Webus’s announcement, Ripple’s price did not show a significant increase. Over the last 24 hours, its price dropped by 2.71% to $2.13. Weekly performance also declined by approximately 9.00%. 

However, there is a notable rise in open interest in XRP futures markets. On the CME, open positions for Ripple futures have reached $223 million. 

Webus International’s investment plan demonstrates a commitment to adopting blockchain technology in global payment systems. Nevertheless, markets appear cautious, awaiting tangible developments. 

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Shinawatra did not suggest that Thailand should buy cryptocurrencies but emphasized the importance of understanding digital assets and the global digitalization trends. He stated, “There are already many cryptocurrencies. Some people say that in the future, we will have more currencies than countries. Thai people must think and understand this.”

He also highlighted that the incoming Trump administration’s trade tariffs and the idea of paying off the national debt with Bitcoin make understanding the digital economy even more critical.

Thailand’s Digital Economy Initiatives

• August 2024: The Thailand Securities and Exchange Commission (SEC) announced a regulatory sandbox for crypto service providers, creating a testing environment for experimental financial technologies.
• July 2024: The Pheu Thai Party distributed digital cash worth 10,000 baht (approximately $280) to 45 million residents as an economic stimulus.
• September 2024: Kasikornbank, Thailand’s second-largest bank, launched the country’s first licensed crypto custody service for digital asset businesses.
• October 2024: The Thailand SEC proposed allowing investment funds to access crypto investments.
• October 2024: The Bank of Thailand partnered with the Hong Kong Monetary Authority (HKMA) to test tokenized cross-border payments, as part of HKMA’s Project Ensemble.

These developments reflect Thailand’s proactive efforts in crypto regulations and the digital economy, showcasing its dedication to innovation and adaptation in the global financial landscape.

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The post Thailand Should Study Crypto! – Former Prime Minister of Thailand appeared first on Coin Engineer.

Exved aims to simplify the “currency operations and foreign economic activity” processes for Russian importers and exporters by offering business-to-business (B2B) solutions. The platform enables cross-border transactions using offshore rubles, US dollars, and Tether stablecoin.

You might like: SEC Initiates Investigation into This Stablecoin!

Significant industry partners like InDeFi Bank, which launched the decentralized crypto ruble project last year, participated in the launch of Exved. Sergey Mendeleev, co-founder and CEO of InDeFi Smart Bank, stated that the Central Bank and the Federal Financial Monitoring Service of the Russian Federation have tested and approved the mechanics of Exved.

Mendeleev stated, “The goal of the project is to offer people a payment opportunity of 2-3% instead of 6-7% and to provide specific mechanisms to implement payment requests.”

Russia’s central bank and Ministry of Finance had reached an agreement in September 2022 allowing cross-border settlements in cryptocurrencies. This development emphasizes Russia’s progress in the digital economy and cryptocurrencies.

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The post Russia is Starting to Cross-Border Crypto Payments! appeared first on Coin Engineer.