Farcaster Co-Founders Join Tempo Stablecoin Startup Following Neynar's Acquisition of Social Protocol

Key developers behind the decentralized social network Farcaster, Dan Romero and Varun Srinivasan, have transitioned to stablecoin startup Tempo. This move follows the acquisition of the core Farcaster protocol infrastructure by Neynar, a leading infrastructure provider for Farcaster hubs. Tempo, which focuses on developing a euro-pegged stablecoin, gains significant expertise with the addition of Romero and Srinivasan. The founders' shift highlights the evolving landscape of crypto projects, where talent migrates towards high-growth sectors like stablecoins and specialized infrastructure. Neynar's acquisition aims to strengthen and decentralize the Farcaster network's underlying protocol, ensuring its robust development.