Stripe CEO Patrick Collison said stableecoin wins adoption because they offer businesses faster, cheaper and more reliable payments than traditional systems.
His remarks came in a hacker news wire on September 5, 2025, one day after stripe and paradigm launched pace, a blockchain designed specifically for stablecoin payments.
In his first comment on the Tempo message thread, Collison wrote that Stripe had been “disappointed with Crypto’s payment tool for much of the last decade.” He said the company’s view changed when several companies began using stablecoins for routine economic activity.
Collison pointed to bridge, stableecoin infrastructure provider Stripe acquired in October 2024. He said SpaceX uses it to control money currents in difficult markets, Latin American Fintech DolarApp depends on it for banking services, and an Argentine cycling importer uses Stripe’s dashboard to pay suppliers.
“These companies do not use crypto because it is crypto or to speculative advantage,” Collison wrote. “They perform the real world’s economic activity and they have found that crypto (via stableecoins) is lighter, faster, better than the status quo. “
When asked if people will eventually “pay with pace,” Collison said that Blockchain is meant to work behind the scenes. He compared it to financial message systems such as Swift or ACH and noticed that consumers may not interact with Tempo directly, but would benefit from its effectiveness. He called “decentralized, internet-scale swift” an imperfect but useful analogy.
In the answer to another question (About why companies find crypto payments appealing)Collison outlined five reasons why companies prefer stableecoins: almost instant settlement reducing trapped liquidity, lower costs than card payments, greater reliability in cross -border transfers, fewer currency conversions and direct access to chain to US dollars.
He also rejected the idea that adoption is mainly regulatory arbitrage. Collison said that stablecoins are now explicitly regulated in the United States according to the genius law and in Europe under MICA and argued that their appeal lies in solving friction of high volume money movement.
In the Thursday announcement, Tempo was voted as a “paying-first” blockchain built from the bottom of stablecoins combining Stripes global payment experience with paradigm’s crypto research. Companies said they launched the network to provide infrastructure tailored to payment needs in the real world as stablecoins move into mainstream use.
Tempo’s design emphasizes predictable low fees, optional privacy and the ability to pay both transactions and gas costs in any stablecoin. It includes a dedicated payment course with features such as memos and access lists and is EVM compatible running on the RETH client. Stripe and Paradigm said that blockchain is designed to treat more than 100,000 transactions per day. Second with finality during second.
The network aims to support global payments and wages, transfers, tokenized deposits that can run around the clock, embedded financial accounts, microtransactions and what companies call “agent payments.”
Stripe and paradigm also emphasized governance. They said Tempo will act as a neutral platform for stableecoins, secured with an independent and diverse validator set, with a roadmap against fully permitted -free validation.
The project was launched with a wide list of design partners including Visa, Standard Chartered, Deutsche Bank, Nubank, Revolut, Shopify, Openai, Anthropic, Coupang, Doordash, Lead Bank and Mercury.
