Tempo partners with Knova Finance to enable institutions to launch tokenized payments while maintaining existing operational systems.
AI & Agents ·
Tempo, a payments-focused Layer 1 blockchain backed by Stripe and Paradigm, has partnered with Knova Finance to allow institutions to roll out tokenized payment systems without displacing their current infrastructure. The collaboration leverages Tempo's private settlement capability through its Zones feature—confidential blockchain environments that operate alongside the public network—combined with Knova's operational governance tools, enabling enterprises to process stablecoin transactions while retaining existing workflows and compliance frameworks.
Tempo's architecture targets institutional payments with specifications including over 100,000 transactions per second, sub-600-millisecond finality, and sub-cent transaction costs. The network uses stablecoins as its native settlement medium rather than a volatile token, removing friction for enterprises unfamiliar with crypto. Tempo's validator set includes Visa, Stripe, and Standard Chartered, positioning the network as specialized financial infrastructure for on-chain money movement at scale.
The specific mechanics of how Knova's controls integrate with Zones, and whether this partnership extends to new use cases or geographic markets beyond existing deployments, remain undetailed in available announcements. Tempo has already facilitated real-time KRW stablecoin settlement in South Korea through a Coupang and Woori Bank pilot, but the scope and timeline for broader institutional adoption through this partnership are not yet specified.