1 hours ago
Decentralised Co: Why Stripe Built its Own Chain
A look at how Tempo enables Stripe to be a vertically integrated processor.
> Stripe built its own chain (Tempo) to vertically integrate all 7 layers of cross-border payments: acceptance, orchestration, licensing, custody, FX, issuance, and settlement. Capturing ~$1B in annual revenue previously leaked to banks, FX desks, and stablecoin intermediaries.
> “Stripe doesn’t need Tempo to win commerce. It needs Tempo so that it doesn’t have to share.”👇
Source: https://www.decentralised.co/p/wh...
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〽️ Crypto Pulse 👉 @degendaoinfo #crypto
A look at how Tempo enables Stripe to be a vertically integrated processor.
> Stripe built its own chain (Tempo) to vertically integrate all 7 layers of cross-border payments: acceptance, orchestration, licensing, custody, FX, issuance, and settlement. Capturing ~$1B in annual revenue previously leaked to banks, FX desks, and stablecoin intermediaries.
> “Stripe doesn’t need Tempo to win commerce. It needs Tempo so that it doesn’t have to share.”👇
Source: https://www.decentralised.co/p/wh...
_
〽️ Crypto Pulse 👉 @degendaoinfo #crypto
