Stripe’s crypto head leaves firm for Polygon amid Tempo blockchain build-up – DL News
- Stripe’s crypto head John Egan joins Polygon Labs.
- The move comes as Stripe prepares to launch its own blockchain called Tempo.
- Polygon and Tempo will compete in the stablecoin payments sector.
Stripe’s head of crypto John Egan has jumped ship for Polygon Labs, less than a month after the payments giant announced its highly-anticipated Tempo blockchain.
Egan joins the firm as its first chief product officer, where he will work directly under CEO Marc Boiron. In the new role he will advance Polygon’s capacity as a stablecoin payments blockchain, helping increase adoption, scalability, and interoperability, according to information shared with DL News.
It’s not clear why Egan decided to leave Stripe just as the firm prepares to launch…
