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Klarna Becomes First Bank To Issue Stablecoin On Stripe's Tempo Network
Benzinga· 2025-11-26 19:50
Klarna Group PLC (NYSE:KLAR) announced Tuesday the launch of KlarnaUSD, marking a significant milestone as the first bank to introduce a stablecoin on Stripe’s Tempo blockchain. This development represents a notable pivot for the Swedish fintech company, whose leadership previously expressed reservations about digital currencies.The payments company, serving 114 million customers and processing $112 billion in annual gross merchandise volume, has selected Tempo as its blockchain infrastructure partner. Temp ...