Catenaa, Friday, November 28, 2025- Swedish fintech company Klarna is entering the stablecoin market with the planned launch of KlarnaUSD, a US dollar-backed token, set to go live on the Stripe-backed Tempo blockchain in 2026.
KlarnaUSD is designed to accelerate cross-border payments for the company’s 114 million users, offering faster and cheaper transfers while maintaining full US dollar backing.
The token will be built on Tempo, Stripe and Paradigm’s blockchain infrastructure, which underpins Stripe’s own Bridge product for global payments.
Klarna said the move represents a strategic shift toward digital assets as scalable payment tools, following the company’s strong post-IPO earnings.
The firm joins a growing number of payment providers adopting stablecoins, including PayPal and Stripe, as global transactions increasingly leverage blockchain technology.
Analysts estimate stablecoin market capitalization at $309 billion, led by Tether ($184 billion) and USDC ($74 billion), with institutional adoption accelerating. Citigroup projects issuance could reach $1.9 trillion by 2030.
KlarnaUSD will complement existing payment methods, rather than replace them, providing an alternative for fast and secure transfers across borders and platforms.
The company highlighted its US business as the initial market for rollout, citing the scale needed to test blockchain payments globally.
