Farcaster Co-Founders Join Tempo for Blockchain-Based Payments Infrastructure

Co-founders Dan Romero and Varun Srinivasan of Farcaster have joined stablecoin-focused startup Tempo after leaving their leadership roles. The move follows Neynar's acquisition of Farcaster last month, where Romero, Srinivasan, and several team members at Merkle, the company behind Farcaster, exited the project.

Romero stated he will focus on building a fast, inexpensive, and transparent global payments network at Tempo. Srinivasan said he joined to help create infrastructure that makes international payments more accessible through stablecoin technology.

Tempo aims to power international payments using stablecoins as an alternative to traditional cross-border systems. The company was incubated by payments giant Stripe and crypto venture firm Paradigm, both of which have experience building and scaling financial infrastructure for global markets.