"Agentic payments is very early, and we still are figuring out the best way to structure these. So our team just came up with what we thought was the most elegant, minimal, efficient protocol that anyone can extend without our permission."
"Agentic AI refers to when AI agents, or autonomous bots, send and receive money on behalf of their human users. Technologists envision a future where agents are crawling the web and paying each other to access news articles, buy products from Amazon, or download a dataset."
"Tempo, which raised $500 million at a $5 billion valuation in 2025 from Silicon Valley heavyweights like Joshua Kushner's Thrive Capital, has positioned itself to ride this new wave of commerce. The startup's blockchain is designed for high-speed payments and stablecoins."
Stripe, Tempo, and Paradigm introduced the Machine Payments Protocol, an open-source network designed to facilitate payments between AI agents using both fiat currency and cryptocurrency. The protocol operates on Tempo's blockchain, which recently launched after a three-and-a-half-month testing phase, and is compatible with Stripe's existing AI payments infrastructure. While currently running on Tempo's blockchain, the protocol is engineered to function across multiple blockchains and payment systems. Agentic payments refers to autonomous AI bots sending and receiving money on behalf of users. Tempo, valued at $5 billion after raising $500 million in 2025, specializes in high-speed payments and stablecoins, positioning itself to lead this emerging commerce sector.
Read at Fortune
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