Klarna Launches Stablecoin, KlarnaUSD

Klarna, the Swedish fintech giant, is launching its own stablecoin, KlarnaUSD, on the Tempo network, a collaboration with Stripe and Paradigm. This move aims to make payments faster and cheaper, signaling cryptos readiness for widespread adoption. Klarnas stablecoin, developed with Bridge, a stablecoin payment platform, is set to debut next year. With stablecoin transactions totaling $27 trillion annually, KlarnaUSD could potentially surpass traditional payment networks by the end of the decade. This development marks another step in Klarnas evolution within the evolving financial landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.