Bloomberg reports that Stripe and Paradigm have publicly launched a pilot of Tempo, a collaborative blockchain initiative designed to enable real-world stablecoin payments. The program opens the network to a broad range of companies building on‑chain payment solutions, with Kalshi and UBS joining as partners.

In the evolving crypto landscape, financial institutions, retailers, and startups are advancing stablecoin pilots and partnerships, signaling sustained demand for scalable, on-chain payments and settlement.

Policymakers are pursuing a clearer regulatory framework for stablecoins, aiming to balance innovation with consumer protection and market integrity.