Tempo Taps RedStone as Core Oracle Partner in Stripe and Paradigm’s Blockchain Push - Crypto Economy

TL;DR:

• RedStone was selected as the oracle provider for Tempo, the payments blockchain developed by Stripe and Paradigm, following an exhaustive market evaluation.
• The network will provide real-time FX feeds with sub-second updates, covering pairs such as USD/KRW and USD/MXN, and will be the first native pathUSD feed.
• Tempo launched its mainnet with partners including Anthropic, OpenAI, Mastercard, Visa, Revolut and Shopify, and was valued at $5 billion after raising $500 million.

Tempo, the payments blockchain co-developed by Stripe and Paradigm, announced the integration of RedStone as its official oracle provider. The network will supply real-time currency feeds to underpin the cross-border payments ecosystem that Tempo seeks to build at global scale.

According to the official announcement, Tempo conducted an exhaustive evaluation of the oracle market before choosing RedStone, placing particular value on the precision of its stablecoin feeds, sub-second update frequency and coverage of major currency pairs such as USD/KRW and USD/MXN, along with the ability to support direct settlements in non-dollar-denominated pairs.


“Correct prices are not optional for everything that moves through Tempo,” the company’s team stated in the release. Nischay Upadhyayula, Tempo’s head of go-to-market, added that “accuracy in currency prices is fundamental for the global payments use cases being built on the network.”

RedStone: Maximum Precision in Real Time

RedStone will also provide the first native feed for pathUSD, Tempo’s foundational payment token. The network’s prior experience collaborating with platforms such as Mento, which operates decentralized currency markets, proved decisive in meeting the requirements of an institutional-grade payments infrastructure.

The integration also includes Credora, part of the RedStone Stack, whose role is to provide risk ratings comprehensible to users and institutions that do not come from the DeFi ecosystem. For a blockchain oriented toward enterprise commerce, that component facilitates the onboarding of traditional actors without requiring familiarity with smart contract audits.


Marcin Kaźmierczak, co-founder of RedStone, described Tempo as “the first blockchain designed around how money actually moves” and stated that the network was built to meet precisely the demands of precision, continuity and verifiability that such an environment requires.

RedStone operates across more than 110 chains and rollups and backs over $8.5 billion in total value locked; its integrations include Morpho, Ethena, EtherFi and BlackRock’s BUIDL fund through Securitize Tempo, for its part, launched its public testnet in December, collaborating on its design with Mastercard, UBS and Kalshi.