Klarna Launches KlarnaUSD Stablecoin on Tempo Blockchain

Key Points:* Klarna introduces KlarnaUSD on Tempo blockchain.

• Aims to simplify cross-border payments globally.
• KlarnaUSD presents competitive pressure to major stablecoins. Swedish payment giant Klarna has launched its first stablecoin, KlarnaUSD, ahead of schedule on the Tempo blockchain, enhancing cross-border payment efficiency for its 114 million global customers.

Klarna’s stablecoin aims to cut $120 billion in annual fees, indicating a major shift towards blockchain solutions in cross-border finance, pressuring major stablecoins like USDT and USDC.

Klarna’s Early Launch Signals Global Payment Changes

Klarna, recognized for its buy-now-pay-later service, recently revealed its first stablecoin, KlarnaUSD. Initially scheduled for 2026, KlarnaUSD’s launch was fast-tracked by the company to pave new ground in digital asset payment solutions. Collaborating with Stripe and Paradigm, Klarna introduces their stablecoin on Tempo blockchain, emphasizing blockchain-based value transfer solutions designed for optimized payment processes.

KlarnaUSD aims to revolutionize cross-border payments for 114 million Klarna users, proposing cheaper, faster transactions. Klarna highlights this move as a response to the current $120 billion annual costs tied to international money transfers.

“With stablecoin transactions already at $27T a year, we’re bringing faster, cheaper cross-border payments to our 114M customers.” — Klarna CEO, Sebastian Siemiatkowski

As KlarnaUSD anticipates joining the competitive stablecoin ecosystem, it potentially disrupts existing fee structures and processes.

Industry insiders view Klarna’s foray into stablecoins as a prominent shift. Klarna’s CEO verified the landmark initiative on Twitter.

Insights Into Stablecoin Competition and Market Impact

Did you know? KlarnaUSD’s introduction follows a trend where fintech giants explore blockchain for financial efficiency, similar to Western Union’s ventures. This indicates a pivotal adoption moment akin to shifts seen in past digital finance developments.

Tether (USDT), known for its established market stability, maintains a value of $1.00, with a market cap of $184.65 billion and dominance at 5.99%, reports CoinMarketCap. Its 24-hour volume reached $86.52 billion, reflecting a 13.96% change. Notable price adjustments in the last 90 days remained modest, peaking at 0.02% growth recently.

Tether USDt(USDT), daily chart, screenshot on CoinMarketCap at 07:52 UTC on November 29, 2025. Source: CoinMarketCap The Coincu research team suggests KlarnaUSD could streamline payment infrastructures akin to USDT but will require compliance with emerging regulatory standards. Insights point towards increased transparency and enhanced financial infrastructure adaptability. Regulatory frameworks may play a crucial role in shaping the stablecoin’s global acceptance.