Tempo, the payments-focused blockchain co-developed by financial giant Stripe and crypto investment firm Paradigm, has officially launched its mainnet. The launch follows a public testnet that began in December 2025, which saw participation from major financial institutions including Mastercard, UBS, Klarna, and Visa for testing cross-border payments and payouts.
In a key infrastructure move, Tempo has integrated RedStone as its official decentralized oracle network provider. RedStone will supply continuous foreign exchange (FX) data feeds, which are critical for powering the network's foundational payment token, pathUSD. This integration enables applications on Tempo to price and settle transactions directly in local currencies with sub-second update frequency and coverage of major FX pairs like USD/KRW and USD/MXN.
"We're excited to have RedStone providing real-time FX data on Tempo," said Nischay Upadhyayula, Tempo's go-to-market lead. "Reliable currency pricing is foundational for the global payment use cases being built on the network." Tempo stated it selected RedStone after a comprehensive evaluation, citing its accurate stablecoin price feeds and infrastructure capable of supporting direct non-USD settlements.
Concurrently with the mainnet launch, Tempo introduced the Machine Payments Protocol, a system co-developed with Stripe. This protocol allows software programs and AI agents to autonomously make micropayments for services like data or computing power without requiring human approval for each transaction, targeting the emerging field of "agentic finance."
The blockchain, incubated by Stripe and Paradigm, raised $500 million last year at a reported $5 billion valuation. RedStone's oracle infrastructure, which reportedly powers over $8.5 billion in total value locked across more than 110 chains, will also support several launch applications on Tempo, including a global payroll platform and a financial institution exploring tokenized deposits.
