Stripe CEO Patrick Collison mentioned stablecoins are gaining adoption as a result of they provide companies sooner, cheaper and extra dependable funds than conventional programs.
His remarks got here in a Hacker Information thread on Sept. 5, 2025, at some point after Stripe and Paradigm launched Tempo, a blockchain designed particularly for stablecoin funds.
In his first touch upon the Tempo announcement thread, Collison wrote that Stripe had been “disillusioned with crypto’s funds utility for a lot of the previous decade.” He mentioned the corporate’s view shifted as extra companies started utilizing stablecoins for routine monetary exercise.
Collison pointed to Bridge, the stablecoin infrastructure supplier Stripe acquired in October 2024. He mentioned SpaceX makes use of it to handle cash flows in hard-to-reach markets, Latin American fintech DolarApp depends on it for banking companies, and an Argentinian bike importer makes use of Stripe’s dashboard to pay suppliers.
“These companies should not utilizing crypto as a result of it’s crypto or for speculative profit,” Collison wrote. “They’re performing real-world monetary exercise, and so they’ve discovered that crypto (through stablecoins) is less complicated, sooner, higher than the established order.”
When requested whether or not individuals will ultimately “pay with Tempo,” Collison mentioned the blockchain is meant to operate behind the scenes. He in contrast it to monetary messaging programs like SWIFT or ACH, noting that buyers might not work together with Tempo straight however would profit from its effectivity. He known as “decentralized, internet-scale SWIFT” an imperfect however helpful analogy.
Within the reply to a different query (about why companies discover crypto funds interesting), Collison outlined 5 causes firms choose stablecoins: near-instant settlement that reduces trapped liquidity, decrease prices than card funds, higher reliability in cross-border transfers, fewer forex conversions and direct on-chain entry to U.S. {dollars}.
He additionally rejected the concept adoption is principally regulatory arbitrage. Collison mentioned stablecoins are actually explicitly regulated in the US underneath the GENIUS Act and in Europe underneath MiCA, and argued their attraction lies in fixing the frictions of high-volume cash motion.
Within the Thursday announcement, Tempo was ndescribed as a “payments-first” blockchain constructed from the bottom up for stablecoins, combining Stripe’s world funds expertise with Paradigm’s crypto analysis. The businesses mentioned they launched the community to supply infrastructure tailor-made to real-world fee wants as stablecoins transfer into mainstream use.
Tempo’s design emphasizes predictable low charges, elective privateness and the flexibility to pay each transactions and gasoline prices in any stablecoin. It features a devoted funds lane with options equivalent to memos and entry lists, and is EVM-compatible, working on the Reth shopper. Stripe and Paradigm mentioned the blockchain is engineered to course of greater than 100,000 transactions per second with sub-second finality.
The community is aimed toward supporting world payouts and payroll, remittances, tokenized deposits that may settle across the clock, embedded monetary accounts, microtransactions and what the businesses name “agentic funds.”
Stripe and Paradigm additionally harassed governance. They mentioned Tempo will function as a impartial platform for stablecoins, secured by an impartial and numerous validator set, with a roadmap towards absolutely permissionless validation.
The venture launched with a broad roster of design companions, together with Visa, Normal Chartered, Deutsche Financial institution, Nubank, Revolut, Shopify, OpenAI, Anthropic, Coupang, DoorDash, Lead Financial institution and Mercury.
