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Reading: Stripe’s Tempo blockchain raises $500 million, TPS lower than Bitcoin
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© 2025 All Rights reserved | Powered by All News Bitcoin
Blockchain

Stripe’s Tempo blockchain raises $500 million, TPS lower than Bitcoin

April 29, 2026 3 Min Read
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Tempo blockchain constructed by Stripe to outperform Bitcoin at 5 transactions per second (TPS) We’ve got revealed fewer than three.

Seven months in the past, Stripe pitched a brand new blockchain on the premise that current blockchains lacked ample capability for institutional cost flows.

Bitcoin (BTC) miners have added about 160 million transactions over the previous 12 months, averaging 5.1 TPS, however CEO Patrick Collison claimed in September that this quantity could be dwarfed by Tempo’s processing energy.

Collison additionally boasted that Tempo has a capability of 10,000 TPS, elevating Tempo’s theoretical prospects even larger than Bitcoin.

Sadly, there at the moment are actual numbers that may resolve the theoretical capability of on-chain transactions.

Precise utilization per Tempo’s token terminal and its proprietary Dune evaluation is roughly 2.5 TPS.

Bitcoin points 5 TPS.

The underperforming blockchain raised $500 million in October 2025 from Thrive Capital, GreenOaks, Sequoia, Ribbit, and SV Angel at a $5 billion valuation. Its mainnet went dwell on March 18th.

Along with Stripe, Paradigm additionally helped develop Tempo. In truth, Paradigm co-founder Matt Huang runs Tempo as CEO.

Bridge of Striped Stablecoin Models Refuses Trucking to Venezuelan Firm

Numbers after 5 weeks

Now, 5 weeks into mainnet operations, Tempo is reporting roughly 5,600 every day energetic customers. The chain racked up a whopping $205 in charges in 24 hours and stored a complete of $3 million price of cryptocurrencies locked up.

Compared, Ethereum generated $1.4 million in charges and $45 billion in complete locked worth.

Tempo’s on-chain decline is seen all around the dashboard.

  • Each day new wallets utilizing Tempo peaked at 7,629 on March 19, 2026, however as of April 21, it was just one,749, a 77% lower.
  • Each day contract adoptions peaked at 3,060 on April 14, however dropped by 72% to 863 every week later.
  • Each day token transfers peaked at greater than $9 million on March 17, however have now fallen by two-thirds.
  • Tempo’s stablecoin DEX cleared simply $56,000 in 24-hour buying and selling quantity on Tuesday, which is 95% under its peak and fewer than 0.001% of world DEX buying and selling quantity. Tempo’s DEX requires 1/10,000th of a decimal place to register a single pure quantity.
  • Tempo’s latest complete every day DEX trades had been lower than 2,000, down 77% from its March 20 peak of over 18,000. Each day DEX quantity on Tempo peaked at $1.1 million, however has since declined by 93%.

See also  Bitcoin's post-quantum response advanced “faster than any debate”
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Reading: Stripe’s Tempo blockchain raises $500 million, TPS lower than Bitcoin
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