user-avatar
Daniel Kuhn

Tempo blockchain by Stripe and Paradigm selects RedStone for FX and stablecoin price oracles

Tempo, the payments-focused blockchain incubated by Stripe and Paradigm, has appointed RedStone as its oracle provider to power FX data and stablecoin pricing, including the first native feed for its pathUSD token. The integration will support local-currency pricing and settlement for Tempo applications, such as a global payroll platform and a financial institution testing tokenized deposits. RedStone's RED token traded around $0.13 at 13:00 UTC on Wednesday, while the oracle network reports securing over $8.5 billion in total value locked.