The post Klarna Will Launch Stablecoin on Tempo in Effort to ‘Challenge Old Networks’ appeared on BitcoinEthereumNews.com. In brief Klarna’s KlarnaUSD stablecoin will debut on layer-1 network Tempo next year. The token was created with help from Stripe’s Bridge. Klarna’s CEO was once a crypto skeptic, calling out Bitcoin promotions in 2021. Klarna, a Swedish fintech company that provides “buy now, pay later” services, is launching its own stablecoin on layer-1 network Tempo, according to a Tuesday press release. The token will be called KlarnaUSD when it debuts next year, alongside the mainnet for the network being developed by payments giant Stripe and venture firm Paradigm. Klarna said it now sees stablecoins as a way to “dramatically reduce costs for both consumers and merchants”—but it acknowledged that its co-founder and CEO, Sebastian Siemiatkowski, was once a vocal crypto skeptic. In 2021, he told CNBC he was “deeply worried” about Bitcoin’s promotion on social media, urging regulators to step in. Introducing KlarnaUSD, our first @Stablecoin. We’re the first bank to launch on @tempo, the payments blockchain by @stripe and @paradigm. With stablecoin transactions already at $27T a year, we’re bringing faster, cheaper cross-border payments to our 114M customers. Crypto is… — Klarna (@Klarna) November 25, 2025 “With Klarna’s scale and Tempo’s infrastructure, we can challenge old networks and make payments faster and cheaper for everyone,” he said in a statement. “Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale.” Klarna said that its stablecoin was created with help from Bridge, the stablecoin payment platform that Stripe acquired for a whopping $1.1 billion a year ago. Bridge issues several stablecoins, including one offered by Ethereum wallet MetaMask. (Disclosure: MetaMask parent company Consensys is one of 22 investors in an editorially independent Decrypt.) Klarna noted that stablecoin transactions total around $27 trillion a year, according to estimates from consulting firm McKinsey, and that… The post Klarna Will Launch Stablecoin on Tempo in Effort to ‘Challenge Old Networks’ appeared on BitcoinEthereumNews.com. In brief Klarna’s KlarnaUSD stablecoin will debut on layer-1 network Tempo next year. The token was created with help from Stripe’s Bridge. Klarna’s CEO was once a crypto skeptic, calling out Bitcoin promotions in 2021. Klarna, a Swedish fintech company that provides “buy now, pay later” services, is launching its own stablecoin on layer-1 network Tempo, according to a Tuesday press release. The token will be called KlarnaUSD when it debuts next year, alongside the mainnet for the network being developed by payments giant Stripe and venture firm Paradigm. Klarna said it now sees stablecoins as a way to “dramatically reduce costs for both consumers and merchants”—but it acknowledged that its co-founder and CEO, Sebastian Siemiatkowski, was once a vocal crypto skeptic. In 2021, he told CNBC he was “deeply worried” about Bitcoin’s promotion on social media, urging regulators to step in. Introducing KlarnaUSD, our first @Stablecoin. We’re the first bank to launch on @tempo, the payments blockchain by @stripe and @paradigm. With stablecoin transactions already at $27T a year, we’re bringing faster, cheaper cross-border payments to our 114M customers. Crypto is… — Klarna (@Klarna) November 25, 2025 “With Klarna’s scale and Tempo’s infrastructure, we can challenge old networks and make payments faster and cheaper for everyone,” he said in a statement. “Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale.” Klarna said that its stablecoin was created with help from Bridge, the stablecoin payment platform that Stripe acquired for a whopping $1.1 billion a year ago. Bridge issues several stablecoins, including one offered by Ethereum wallet MetaMask. (Disclosure: MetaMask parent company Consensys is one of 22 investors in an editorially independent Decrypt.) Klarna noted that stablecoin transactions total around $27 trillion a year, according to estimates from consulting firm McKinsey, and that…