Klarna revealed plans to launch KlarnaUSD, a brand new stablecoin constructed on Stripe and Paradigm’s Tempo blockchain.
Set to debut on the Tempo mainnet in 2026, KlarnaUSD will leverage early entry to Tempo for testing and integration.
The transfer positions Klarna to seize worth within the $120 billion cross-border funds market, utilizing stablecoins to chop prices for each shoppers and retailers as stablecoin utilization surpasses $27 trillion yearly.
Two months after reaching a million card sign-ups within the US, BNPL chief Klarna has revealed plans to launch its personal stablecoin, KlarnaUSD.
Klarna is launching its new stablecoin on the Tempo blockchain. Launched in September 2025, Tempo is an unbiased, layer-1 blockchain created by Stripe and Paradigm that’s constructed for funds. KlarnaUSD is constructed on Open Issuance by stablecoin infrastructure platform Bridge.
“With 114 million prospects and $118 billion in annual GMV, Klarna has the dimensions to alter funds globally: with Klarna’s scale and Tempo’s infrastructure, we will problem outdated networks and make funds quicker and cheaper for everybody,” mentioned Klarna Co-founder and CEO Sebastian Siemiatkowski. “Crypto is lastly at a stage the place it’s quick, low-cost, safe, and constructed for scale. That is the start of Klarna in crypto, and I’m excited to work with Stripe and Tempo to proceed to form the way forward for funds.”
Klarna will launch its stablecoin on the Tempo mainnet in 2026. Tempo has granted Klarna early entry to its infrastructure upfront of the KlarnaUSD launch to permit the fintech to conduct superior testing, prototyping, and integration.
Klarna and Stripe first teamed up in 2021 after they partnered to permit Stripe customers in 20 nations to supply Klarna’s BNPL possibility, with Stripe as the popular funds associate within the US and Canada. The partnership between Klarna and Stripe’s blockchain, Tempo, deepens the connection between the 2 gamers.
At present’s announcement comes as cross-border funds are estimated to generate $120 billion in transaction charges yearly, and as stablecoin transactions high $27 trillion a 12 months. Launching its personal stablecoin isn’t only a means for Klarna to leap on a latest pattern. The corporate will leverage the advantages of stablecoins to cut back prices for each shoppers and retailers.
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