Klarna Launches Stablecoin, Challenges Traditional Payments
Update: 2025-11-25
Description
Klarna, a prominent digital bank and payment provider, has unveiled its first stablecoin, KlarnaUSD, on Tempo, a new blockchain for payments. This move comes as stablecoin transactions surpass twenty-seven trillion dollars annually and could potentially outpace traditional payment networks. Klarna, with its vast customer base and sales, aims to revolutionize global payments by reducing costs for shoppers and businesses. KlarnaUSD, built using Open Issuance by Bridge, is set to launch on Tempos main network in 2026, following successful testing on their test network. This partnership with Stripe strengthens their relationship and signals Klarnas continued push into the crypto world.
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