- Data completeness
- 100%
- Confidence
- 84%
- Sources
- 6
- Last reviewed
- 7 Jun 2025
The take
What to know
Best for
- +Apps adding embedded, self-custodial wallets on Tempo
- +Onboarding users without seed-phrase management
- +Builders who want gas-sponsorship abstractions where fees are TIP-20 stablecoins
Watch out
- Tempo has no native token or airdrop; transaction fees are paid in USD-denominated TIP-20 stablecoins
- Custody and security mechanism details differ between sources, so verify specifics against current Privy docs before relying on them
The record
Key facts
- Category
- Embedded-wallet and user-onboarding infrastructure that lets developers add wallets to their applications.· 95%
- Custody model
- Wallets are embedded and self-custodial, letting users transact without managing seed phrases.· 60%
- Tempo support
- Lists Tempo among the EVM-compatible chains it supports for embedded wallets.· 95%
- Stripe acquisition
- Announced on June 11, 2025 that Stripe is acquiring Privy.· 98%
- Tempo fee model
- Tempo has no native token; transaction fees are paid in USD-denominated TIP-20 stablecoins.· 95%
- Gas handling
- Provides gas-sponsorship and gas-abstraction features so apps can cover or manage users' TIP-20 stablecoin transaction fees.· 60%
The timeline
History
2025-06
Stripe acquisition announced
Privy announced that Stripe was acquiring the company; both analysts independently report the June 11, 2025 acquisition.
Questions
FAQ
- What is Privy in the Tempo ecosystem?
- Embedded-wallet and user-onboarding infrastructure that lets developers add wallets to their apps, with Tempo listed among its supported EVM-compatible chains.
- Does Privy provide self-custody?
- Yes. Its embedded wallets are self-custodial, so users can transact without managing seed phrases.
- Who owns Privy?
- Stripe announced on June 11, 2025 that it was acquiring Privy.
- How are transaction fees handled for Privy wallets on Tempo?
- Tempo has no native token; fees are paid in USD-denominated TIP-20 stablecoins, and Privy offers gas-sponsorship abstractions to cover or manage those fees.
The graph