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Stripe CEO Patrick Collison said stablecoins are gaining adoption due to the fact that they connection businesses faster, cheaper and much reliable payments than accepted systems.
His remarks came successful a Hacker News thread connected Sept. 5, 2025, 1 time aft Stripe and Paradigm launched Tempo, a blockchain designed specifically for stablecoin payments.
In his archetypal remark connected the Tempo announcement thread, Collison wrote that Stripe had been “disappointed with crypto’s payments inferior for overmuch of the past decade.” He said the company’s presumption shifted arsenic much businesses began utilizing stablecoins for regular fiscal activity.
Collison pointed to Bridge, the stablecoin infrastructure supplier Stripe acquired successful October 2024. He said SpaceX uses it to negociate wealth flows successful hard-to-reach markets, Latin American fintech DolarApp relies connected it for banking services, and an Argentinian motorcycle importer uses Stripe’s dashboard to wage suppliers.
“These businesses are not utilizing crypto due to the fact that it’s crypto oregon for speculative benefit,” Collison wrote. “They’re performing real-world fiscal activity, and they’ve recovered that crypto (via stablecoins) is easier, faster, amended than the presumption quo.”
When asked whether radical volition yet “pay with Tempo,” Collison said the blockchain is intended to relation down the scenes. He compared it to fiscal messaging systems similar SWIFT oregon ACH, noting that consumers whitethorn not interact with Tempo straight but would payment from its efficiency. He called “decentralized, internet-scale SWIFT” an imperfect but utile analogy.
In the reply to different question (about wherefore businesses find crypto payments appealing), Collison outlined 5 reasons companies similar stablecoins: near-instant colony that reduces trapped liquidity, little costs than paper payments, greater reliability successful cross-border transfers, less currency conversions and nonstop on-chain entree to U.S. dollars.
He besides rejected the thought that adoption is chiefly regulatory arbitrage. Collison said stablecoins are present explicitly regulated successful the United States nether the GENIUS Act and successful Europe nether MiCA, and argued their entreaty lies successful solving the frictions of high-volume wealth movement.
In the Thursday announcement, Tempo was ndescribed arsenic a “payments-first” blockchain built from the crushed up for stablecoins, combining Stripe’s planetary payments acquisition with Paradigm’s crypto research. The companies said they launched the web to supply infrastructure tailored to real-world outgo needs arsenic stablecoins determination into mainstream use.
Tempo’s plan emphasizes predictable debased fees, optional privateness and the quality to wage some transactions and state costs successful immoderate stablecoin. It includes a dedicated payments lane with features specified arsenic memos and entree lists, and is EVM-compatible, moving connected the Reth client. Stripe and Paradigm said the blockchain is engineered to process much than 100,000 transactions per 2nd with sub-second finality.
The web is aimed astatine supporting planetary payouts and payroll, remittances, tokenized deposits that tin settee astir the clock, embedded fiscal accounts, microtransactions and what the companies telephone “agentic payments.”
Stripe and Paradigm besides stressed governance. They said Tempo volition run arsenic a neutral level for stablecoins, secured by an autarkic and divers validator set, with a roadmap toward afloat permissionless validation.
The task launched with a wide roster of plan partners, including Visa, Standard Chartered, Deutsche Bank, Nubank, Revolut, Shopify, OpenAI, Anthropic, Coupang, DoorDash, Lead Bank and Mercury.
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