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Tempo Mainnet goes live with Machine Payments Protocol for agents

The Block
Tempo launched its mainnet and Machine Payments Protocol, aiming to streamline machine-to-machine payments and support high-volume transactions.

Summary

Tempo, a payment infrastructure provider incubated by Stripe and Paradigm, has activated its mainnet, introducing a Layer 1 blockchain designed for high-volume payment workloads. Alongside the mainnet launch, Tempo introduced the Machine Payments Protocol (MPP), an open standard for machine payments co-developed with Stripe, enabling standardized programmatic payment coordination. The protocol is designed to be rail-agnostic, with extensions already available for card-based payments via Visa and bitcoin payments through Lightspark. Tempo’s launch includes a payments directory with over 100 integrated service providers and has secured partnerships with major companies like Anthropic, DoorDash, Mastercard, and OpenAI. A key feature of MPP is 'sessions,' which allows for continuous payments for autonomous agent activity, aggregating numerous small transactions into single settlements.

(Source:The Block)