Farcaster’s founders are leaving crypto social behind to build a global payments network using stablecoins, betting payments will drive crypto’s next wave of adoption. Posted February 10, 2026 at 7:32 am EST. The founders of Farcaster , Dan Romero and Varun Srinivasan , are moving on from crypto social media to focus on global payments. Both have joined Tempo , a young company building a payments network powered by stablecoins. The shift comes after Neynar acquired Farcaster last month. As part of that transition, Romero, Srinivasan, and much of the original team stepped away from day-to-day work on the social protocol they launched in 2020. Farcaster aimed to give users more control over their online identities, but adoption remained limited. This story is an excerpt from the Unchained Daily newsletter . Subscribe here to get these updates in your email for free Tempo is tackling a different problem: moving money across borders. Traditional international payments can be slow, expensive, and hard to track. Tempo plans to use stablecoins to make those transfers faster and cheaper. The company was incubated by Stripe and Paradigm , and is preparing for a broader launch later this year. For Romero and Srinivasan, the move signals a belief that payments, not social media, may be where crypto has its biggest near-term impact. “Stablecoins are a generational opportunity,” Romero said on X.