Stripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain

The fintech giant Stripe along with Tempo, a blockchain startup incubated by the payments company as well as the venture firm Paradigm, launched a new payments protocol on Wednesday to make it easier for AI actors to send and receive money. Dubbed the “Machine Payments Protocol,” the open-source network supports payments in both fiat and cryptocurrency. The protocol is also compatible with Stripe’s existing AI payments infrastructure. While the new AI payments network currently runs only on top of Tempo ...