Stripe and crypto investment firm Paradigm have launched Tempo, a blockchain designed to handle stablecoin payments at scale.

World Liberty Financial (WLFI), a crypto project tied to President Donald Trump’s family, has blacklisted an address linked to Tron founder Justin Sun, blocking him from moving more than half a billion WLFI tokens.

Hong Kong’s digital bond market is gathering pace as both government and corporate issuers adopt blockchain-based debt offerings.

Top stories in the Crypto Roundup today:

• Stripe, Paradigm Launch Tempo Blockchain for Stablecoin Payments
• World Liberty Financial Blacklists Justin Sun’s $107M WLFI Token Wallet Amid Dispute
• Hong Kong Pushes Ahead With Digital Bond Issuance as Market Grows

Stripe, Paradigm Launch Tempo Blockchain for Stablecoin Payments

Stripe and crypto investment firm Paradigm have launched Tempo, a blockchain designed to handle stablecoin payments at scale.

The project, incubated inside Stripe, is built for speed, targeting 100,000 transactions per second with settlement in under a second. Unlike most blockchains, Tempo will let users pay fees in stablecoins and includes an automated market maker to keep transactions neutral across issuers.

Partners helping shape the design include Visa, Deutsche Bank, Shopify, Nubank, OpenAI and Revolut. Stripe CEO Patrick Collison said the goal is to move remittances, global payouts, microtransactions and even AI-driven payments onchain.

World Liberty Financial Blacklists Justin Sun’s $107M WLFI Token Wallet Amid Dispute

World Liberty Financial (WLFI), a crypto project tied to President Donald Trump’s family, has blacklisted an address linked to Tron founder Justin Sun, blocking him from moving more than half a billion WLFI tokens.

The frozen holdings amount to 595 million WLFI tokens, worth about $107 million at current prices, according to Arkham Intelligence. The move came after blockchain data showed Sun’s address sending out several transactions, including one transfer valued at $9 million.

In a post on X, Sun said the transfers were “generic exchange deposit tests” and not sales, insisting they had no effect on the market. He later urged WLFI’s team to restore access, arguing that freezing investor assets undermines trust.

Hong Kong Pushes Ahead With Digital Bond Issuance as Market Grows

Hong Kong’s digital bond market is gathering pace as both government and corporate issuers adopt blockchain-based debt offerings.

The city’s government has appointed banks for a potential new digital bond sale, which would be its third since 2023. The plan comes days after Shenzhen Futian Investment Holdings and Shandong Hi-Speed Holdings sold similar notes in Hong Kong.

Hong Kong has seen at least six digital bonds launched so far, raising about $1 billion, with the majority coming this year. Subsidies of up to HK$2.5 million ($320,500) per issuance are part of the city’s push to become a hub for blockchain-based securities.

HSBC reports its Orion platform has already handled more than $1.7 billion in transactions across sovereign, financial and corporate issuers.

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