Strike:- In a transfer in direction of accelerating its tech finish growth, Stripe and Paradigm backed funds chain Tempo has added one among Ethereum’s most seen researchers to its roster.
On Friday, Dankrad Feist, a longtime developer and researcher on the Ethereum Basis, introduced he’ll be part of the Tempo venture whereas remaining an adviser to some Ethereum analysis efforts. The rent comes as Tempo Tempo raised $500 million in a Sequence A spherical led by Greenoaks and Thrive Capital, valuing the payments-focused community at $5 billion, in keeping with Fortune report.
In a brief announcement on X, Feist stated he was “excited” to affix Tempo and framed the transfer as a continuation of labor to make high-scale, sensible blockchains that protect permissionless beliefs. He additionally signalled he’ll hold a analysis advisory relationship with components of the Ethereum ecosystem, together with work on scaling options and UX enhancements.
Dankrad has been a superb researcher and has made immensely priceless contributions to the Ethereum that we all know and love right now, together with Danksharding, consensus analysis and way more. Wishing him luck in his new efforts. https://t.co/dlSwu3fpen
— vitalik.eth (@VitalikButerin) October 17, 2025
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Ethereum Researcher Joins Tempo
Launched by Strike founder Patrick Collison on September, Patrick describe the intention of creating Tempo clearly: make stablecoins and high-volume greenback rails quick, low-cost and predictable for retailers and treasuries.
Ethereum Founder Vitalik Buterin after Feist’s Tempo becoming a member of information shared his work on scaling proposals. David Feist has most prominently labored on Danksharding and different items of the community’s long-term throughput roadmap. His analysis footprint and technical credibility make the appointment notable as Tempo, the permissionless-but-payments-first chain goals at lowering settlement friction for stablecoins and service provider flows.
Stripe-owned startup Bridge can be searching for a nationwide financial institution belief constitution to adjust to the Genius Act. The corporate not too long ago additionally compeleted including its infrastructure companions as properly – from MetaMask, Privy, Alchemy, Chaianalysis amongst others. Now, including Feist is an specific sign that Tempo needs deep protocol experience to make it par with main gamers like Solana and Ethereum.
Right this moment, @Stablecoin submitted its utility for organizing a nationwide belief financial institution to the Workplace of the Comptroller of the Foreign money (OCC). The constitution would enable Bridge to function beneath a unified federal framework per the GENIUS Act.
By means of this financial institution, we’ll present:…
— Zach (@zcabrams) October 14, 2025
Period of Stablecoin-focused Chains
As the religion in stablecoin-powered world fee mechanism grows, Tempo isn’t the one chain oriented round stablecoins and funds. Patrick and his chain Tempo is immediately bidding within the area together with massive issuers – with Circle engaged on Arc and Tether quickly creating its Plasma and Steady chain initiatives.
Circle unveiled Arc 1 month earlier than Stripe’s announcement of Tempo. It launched the thought of Arc as an open Layer-1 engineered for stablecoin finance (USDC as native fuel, dollar-denominated charges). Presently, it’s operating alliance/webinar outreach and testnet exercise because it staffs up for manufacturing.
Then again, Tether’s Plasma has already pushed into mainnet beta in September 2025. It launched with an aggressive liquidity bootstrap – with greater than $2 billion of stablecoin liquidity and a local token (XPL) at launch. When it comes to product strikes, it has additionally launched Plasma One aimed toward on the spot, near-zero-fee USDT transfers. The emphasis throughout the three stablecoin-focused chains stays identical: making stablecoin transfers on the spot and with low charges.
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