Swedish fintech firm Klarna has entered the cryptocurrency space with the announcement of a USD stablecoin, set to roll out in 2026.

Klarna To Launch Stablecoin On Tempo Blockchain

As announced in a press release , Klarna has launched its stablecoin on Tempo’s testnet. The stablecoin, called KlarnaUSD, is backed one-to-one by the US Dollar, and will be available to the public in 2026.

Klarna is a global digital bank and payments provider headquartered in Sweden, with the US hosting its largest userbase. The stablecoin debut represents the first venture of the fintech company into digital assets.

KlarnaUSD is built using Bridge’s Open Issuance, a platform that allows businesses to launch and manage their own stablecoins. It runs on Tempo , a blockchain created by payments processo

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