Tempo Testnet Launches with Stablecoin Tools and $5B Valuation

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Derived from Coinotag, the Tempo testnet, developed by Stripe and Paradigm, is now live, enabling developers to run nodes, sync the chain, and test stablecoin features for payments. The open-source platform emphasizes scale, reliability, and integration, with six core features including stablecoin-native gas and fast finality. The project has secured $500 million in funding at a $5 billion valuation, with partners like Mastercard and Klarna driving adoption. Developers can create stablecoins directly in browsers using the TIP-20 standard, enhancing accessibility for testing.

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