Klarna Enters Stablecoin Market with USD Stablecoin Launch on Tempo Blockchain

Klarna is making a bold move in the stablecoin market by launching its USD-backed stablecoin, KlarnaUSD, on the Tempo blockchain. This venture, supported by Stripe and Paradigm, promises to revolutionize global payments. Set for a public rollout in 2026, the stablecoin aims to lower cross-border transaction costs and speed up transactions, potentially impacting the $304 billion stablecoin market.