Stripe’s new payments-focused blockchain, Tempo, secured $500 million in Series A funding led by Thrive Capital and Greenoaks, valuing the Layer-1 network at $5 billion, according to Fortune. The raise comes less than two months after Stripe unveiled Tempo in partnership with Paradigm, positioning it as a “payments-oriented L1” optimized for high-scale, real-world financial applications like stablecoin payments and cross-border settlements.

SWIFT has reportedly selected Linea—Consensys’ Ethereum Layer-2 (zkEVM/zk-rollup)—for a multi-month pilot to migrate parts of its interbank messaging system on-chain, involving more than a dozen global banks like BNP Paribas and BNY Mellon. The trial explores blockchain-based interbank messaging, interoperability, and a potential stablecoin-like settlement token to modernize cross-border payments.

Circle, the issuer of the USDC stablecoin, has partnered with crypto infrastructure provider Crossmint to expand USDC usage across multiple blockchain rails. The collaboration integrates Crossmint Wallets and APIs for onramps, payments, and orchestration, enabling both humans and AI agents to transact seamlessly with digital dollars. Circle highlighted that this partnership lays the groundwork for a “new era of finance” where money moves instantly and globally.

The Polygon network successfully implemented a hard fork to resolve a critical software bug that caused several nodes to fall out of sync with the blockchain. This disruption briefly halted consensus and transaction validation, raising concerns about reliability on the popular Ethereum scaling solution.

SBI Holdings, a major Japanese financial group, and Startale Group, a Singapore‑based blockchain infrastructure firm, announced a strategic joint venture to build an on‑chain trading platform for tokenized stocks and real‑world assets (RWAs).

Ronin, the gaming-focused blockchain created by the Axie Infinity team, will migrate back to the Ethereum ecosystem as a layer-2 network, targeting a full transition by Q2 2026. Originally spun off from Ethereum in 2021 to achieve faster, cheaper transactions for Axie Infinity, Ronin now says Ethereum’s performance improvements—and its growing institutional credibility—make it the right base again.

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