Stripe-incubated payment blockchain Tempo has been opened to the public and has added Kalshi and UBS as partners.

BlockBeats News, December 9th, according to Bloomberg, Stripe and crypto investment firm Paradigm have officially launched a public pilot of their joint blockchain project Tempo, opening up the network to all companies looking to build real-world stablecoin payment applications, and adding Kalshi and UBS as partners.

In the rapidly growing cryptocurrency market sector, Stripe is just one of many financial institutions, retailers, and startups that have announced stablecoin-related pilots, partnerships, or commercialization plans. The focus on stablecoins has intensified during Donald Trump's second term as president, with the Trump administration actively pushing for the enhancement of the federal regulatory framework to provide a more defined regulatory environment for these tokens, which are typically pegged to real-world assets such as the US dollar.