L1 Blockchain Launches by Stripe and Circle Stir Industry Backlash

Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the cryptocurrency space over potential market fragmentation and rivalry with layer two (L2) platforms. Crypto Community Questions L1 Products by Stripe and Circle Stripe’s Tempo, revealed earlier this week, is described as a high-performance, payments-focused […]

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August 13, 2025

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L1 Blockchain Launches by Stripe and Circle Stir Industry Backlash

Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the cryptocurrency space over potential market fragmentation and rivalry with layer two (L2) platforms. Crypto Community Questions L1 Products by Stripe and Circle Stripe’s Tempo, revealed earlier this week, is described as a high-performance, payments-focused […]

Bitcoin.com

Author archive Author website

August 13, 2025

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