Key Notes

KlarnaUSD is the latest stablecoin launched by Klarna.

It is leveraging Tempo, a blockchain started by Stripe and Paradigm, for the sole purpose of enhancing payments.

This comes at the time when McKinsey estimated that stablecoin transactions have surpassed $27 trillion a year.

Popular fintech giant Klarna has launched its United States dollar-pegged stablecoin, dubbed KlarnaUSD.

According to the announcement on X, the new digital asset is a first-of-its-kind for the company. It has now gone live on Tempo blockchain, making it the first digital bank to make such a move.

Klarna Plans to Challenge Old Networks With Stablecoin

On November 25, Klarna announced that it has become the first digital bank to launch a stablecoin on Tempo.

This is a new independent payment-designe

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