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A new formulation and new methods are presented for computing the motion of fluid interfaces with surface tension in two-dimensional, irrotational, and incompressible fluids. Through the Laplace-Young condition at the interface, surface tension introduces high-order terms, both nonlinear and nonlocal, into the dynamics. This leads to severe stability constraints for explicit time integration methods and makes the application of implicit methods difficult. This new formulation has all the nice properties for time integration methods that are associated with having a linear, constant coefficient, highest order term. That is, using this formulation, we give implicit time integration methods that have no high order time step stability constraint associated with surface tension and are explicit in Fourier space. The approach is based on a boundary integral formulation and applies more generally, even to problems beyond the fluid …