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The payments giant is operating a validator node on the Tempo blockchain, taking a direct role in transaction validation as it expands infrastructure for stablecoin settlement.
Visa has launched a validator node on the Tempo blockchain, taking a direct role in verifying and processing transactions on a network designed for real-time stablecoin payments. the node is operated in-house using its own infrastructure and was developed over six months working with Tempo’s engineering team, positioning the company as an “anchor validator” alongside early participants including Stripe and Zodia Custody. The role places Visa in the transaction validation layer, where it helps order and confirm payments while supporting network security and performance during the network’s early phase.
Tempo is a Layer 1 blockchain designed for real-time payments and stablecoin-based transactions, with validators responsible for confirming transactions and maintaining the network’s ledger. Validators on the network can earn stablecoin-denominated rewards when selected to package transactions into blocks, according to the announcement. However, a company spokesperson told Cointelegraph that “Visa’s primary focus in this phase is on the strategic and technical role of operating a validator, rather than on economics.”
As stablecoins gain traction in payments, major payment companies are expanding infrastructure that connects traditional finance with blockchain-based settlement. for clients in more than 100 countries, allowing businesses to send, receive and hold US-dollar stablecoins similar to traditional bank balances. expanded its settlement platform, stablecoin market capitalization stood at nearly $319 billion at the time of writing, up from about $307.5 billion at the start of the year.
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