Farcaster Founders Ditch Their Own Protocol for Stablecoin Startup
Dan Romero and Varun Srinivasan sold Farcaster to Neynar and immediately jumped ship to join Tempo.
The co-founders of decentralized social protocol Farcaster are moving on. Dan Romero and Varun Srinivasan, along with their entire Merkle team, have joined stablecoin startup Tempo.
The move comes right after Merkle sold Farcaster to Neynar, with both founders stepping away from day-to-day operations of the protocol they built.
It's a notable pivot. Farcaster positioned itself as a decentralized alternative to Twitter, gaining traction in crypto circles. Now its creators are betting their next chapter on stablecoins instead of social.
Tempo gets a serious talent injection. Romero and Srinivasan bring deep crypto infrastructure experience and a track record of building products that actually shipped. The stablecoin space continues heating up as founders chase the next big payments play.