Does Tempo have its own token?

No. Tempo has no native gas token. Network fees are paid in USD-denominated TIP-20 stablecoins that have enough Fee AMM liquidity. No $TEMPO token or airdrop has been announced.

Tempo was incubated by Stripe and Paradigm and operates as an independent company. Matt Huang, co-founder of Paradigm, leads it.

Is Tempo EVM-compatible?

Yes. It runs an EVM execution layer on the Reth SDK targeting the Osaka hardfork, so standard Solidity and Foundry-style tooling works, with payment-native differences such as zero native balance semantics.

Coremainnetprotocol component

Tempo

The payments-first Layer 1 blockchain, incubated by Stripe and Paradigm.

Website ↗Docs ↗App ↗GitHub ↗X ↗

Data completeness: 85%
Confidence: 90%
Sources: 3
Last reviewed: 7 Jun 2025

The take

What to know

Tempo is not trying to be a cheaper Ethereum. It is trying to be the settlement rail for stablecoin payments, payroll, remittances, treasury, and machine payments, with payment behaviour enshrined in the protocol.

Best for

+Stablecoin payments and payouts at scale
+Enterprises wanting predictable, stablecoin-denominated fees
+AI-agent and machine payments via MPP

Watch out

Validator set is initially permissioned
Audits were ongoing in mid-2026 with no active public bug bounty
Some features (sub-blocks, non-USD FX, privacy) are phased or disabled

The numbers

Metrics

Throughput (testnet confirmed)

20K TPS

Block time

600 ms

Integrated partners

60 partners

The record

Key facts

Type: Layer 1 blockchain, EVM-compatible (Reth SDK, targets Osaka)· 95%
Mainnet chain ID: 4217 (0x1079)· 90%
Consensus: Simplex BFT (Commonware), ~600ms blocks, deterministic finality· 90%
Native token: None; fees paid in USD-denominated TIP-20 stablecoins· 95%
Incubated by: Stripe and Paradigm· 95%
Mainnet launch: 18 March 2026 (with the Machine Payments Protocol)· 90%

Questions

FAQ

Does Tempo have its own token?: No. Tempo has no native gas token. Network fees are paid in USD-denominated TIP-20 stablecoins that have enough Fee AMM liquidity. No $TEMPO token or airdrop has been announced.
Who is behind Tempo?: Tempo was incubated by Stripe and Paradigm and operates as an independent company. Matt Huang, co-founder of Paradigm, leads it.
Is Tempo EVM-compatible?: Yes. It runs an EVM execution layer on the Reth SDK targeting the Osaka hardfork, so standard Solidity and Foundry-style tooling works, with payment-native differences such as zero native balance semantics.

The graph