Month: November 2025

The post Klarna Launches Its Stablecoin- How Will It Change Payments? appeared com. Klarna has launched its first stablecoin, KlarnaUSD, marking a major shift for the global digital bank and BNPL provider. Klarna becomes the first regulated payments provider to launch a stablecoin on Tempo, a payments-focused blockchain developed by Stripe and Paradigm. The firm says the move could help reduce the world’s $120 billion annual cross-border payment fees. Sponsored Sponsored Understanding KlarnaUSD KlarnaUSD is a US-dollar-backed stablecoin issued through Open Issuance by Bridge. It’s a Stripe company that handles compliance, reserve management, and redemption. Klarna gains a branded digital asset while avoiding the operational burden of running its own stablecoin program. Introducing KlarnaUSD, our first @Stablecoin. We’re the first bank to launch on @tempo, the payments blockchain by @stripe and @paradigm. With stablecoin transactions already at $27T a year, we’re bringing faster, cheaper cross-border payments to our 114M customers. Crypto is.- Klarna (@Klarna) November 25, 2025 The launch follows new data from McKinsey showing stablecoin transactions have reached $27 trillion a year. The firm plans to integrate KlarnaUSD across its network, which processes $112 billion in GMV for 114 million users. The token is built for payments, not trading. KlarnaUSD runs on Tempo’s testnet today with a planned mainnet launch in 2026. Tempo offers fast settlement, high throughput, and low fees. “Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale. This is the beginning of Klarna in crypto, and I’m excited to work with Stripe and Tempo to continue to shape the future of payments,” said Sebastian Siemiatkowski, co-founder and CEO of Klarna. Sponsored Sponsored How KlarnaUSD Will Work Klarna plans to use the stablecoin inside its own payment stack before offering public access. Initial uses include merchant payouts, cross-border settlement, refunds, and internal funding flows. These processes currently rely on slow correspondent-banking systems.