Klarna Launches USD Stablecoin
Update: 2025-11-25
Description
Swedish fintech giant Klarna unveils plans for its own USD-backed stablecoin, KlarnaUSD, set to launch in 2026. Backed by the US dollar, KlarnaUSD aims to streamline everyday payments and international transactions, leveraging Tempo blockchain for faster, cheaper transactions. This move follows similar initiatives by PayPal and Stripe, as regulators in the US and Europe develop crypto frameworks. Klarnas CEO, once skeptical of crypto, now sees it as fast, low-cost, secure, and scalable, marking the companys entry into the crypto space.
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