PANews reported on December 9th that, according to Bloomberg, Stripe's Tempo blockchain, developed in partnership with crypto venture capital firm Paradigm, has launched its public beta, open to all businesses and focusing on stablecoin payments. New partners include UBS, Cross River Bank, and prediction market platform Kalshi, while existing partners include Deutsche Bank, Nubank, OpenAI, and Anthropic. Tempo's independent payment channel design achieves a fixed transaction fee rate (0.1 cents per transaction), reducing the impact of gas fee fluctuations on settlements, and supports any USD stablecoin as a payment method for transaction fees.


Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products. Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.”It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which. Read more