Mobile wallet startup's expertise to support Stripe's stablecoin infrastructure as Tempo blockchain enters public testingMobile wallet startup's expertise to support Stripe's stablecoin infrastructure as Tempo blockchain enters public testing

Stripe Acquires Valora Team as Payment Giant Advances Blockchain Strategy

2025/12/11 17:51
Stripe Acquires Valora Team as Payment Giant Advances Blockchain Strategy

Stripe has acquired the team behind Valora, a mobile-focused digital asset wallet, as the payments giant accelerates development of blockchain-based financial infrastructure.

Jackie Bona, CEO and co-founder of Valora, announced the move Wednesday, describing the acquisition as advancing the company's mission to expand global financial access. The Valora team will join Stripe to contribute expertise in web3 and user-focused product design to the platform's blockchain initiatives.

The Valora application will return to cLabs, the company from which Valora spun out four years ago, for continued development and maintenance. Valora has focused on making it easier for users to send, save and transact with digital assets through mobile devices, particularly targeting underserved markets where traditional financial systems remain inaccessible.

Bona said conversations with Stripe revealed significant alignment on the potential for stablecoins and crypto infrastructure to expand economic participation globally. The acquisition allows Valora's team to apply its mobile wallet experience to Stripe's broader platform reach.

Tempo Rolls Out Testnet

The team acquisition follows Tempo's public testnet launch one day earlier. Tempo is a blockchain network built by Stripe and Paradigm focused on payment infrastructure and stablecoin use cases, with technical input from OpenAI, Shopify and Visa during development.

With the testnet opening, Tempo disclosed partnerships with Mastercard, UBS and Klarna. Klarna intends to issue KlarnaUSD, a stablecoin running on Tempo, timed with the network's mainnet deployment next year.

Matt Huang, who leads the Tempo project and co-founded Paradigm, said the testnet now enables experimentation with international payments, tokenized deposits and AI-driven transaction flows. The blockchain supports Ethereum Virtual Machine compatibility and incorporates payment-optimized architecture designed to keep transaction costs low.

Unlike networks requiring native tokens for fees, Tempo accepts stablecoin payments for gas, reducing exposure to price volatility. Four validators currently operated by the Tempo team secure the network, with broader validator participation planned for mainnet.

Stripe secured $500 million in funding in October for Tempo development. Dankrad Feist, formerly a researcher with the Ethereum Foundation, joined Tempo in an advisory capacity to assist with mainnet preparation.

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Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
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Coinstats2025/09/17 23:42