Swedish fintech giant Klarna has just launched the KlarnaUSD stablecoin

According to the Financial Times, Swedish fintech giant Klarna has just introduced a new stablecoin called KlarnaUSD aimed at simplifying global transactions and reducing cross-border payment costs. Klarna stated that KlarnaUSD is designed to significantly cut costs, providing a faster and more efficient option for both merchants and buyers in international transactions.

This stablecoin operates on Stripe’s proprietary blockchain, offering high processing speeds, lower fees, and greater transparency for global commerce. Klarna emphasized that leveraging blockchain helps optimize operations and delivers a more stable and cost-effective payment experience across markets. With KlarnaUSD, the company expects to strengthen its competitive position in the payments sector and expand the adoption of digital assets in next-generation financial solutions.