The post Klarna Debuts Dollar-Backed Stablecoin KlarnaUSD, Expanding Its Crypto Push appeared first on Coinpedia Fintech News Klarna is stepping into crypto in an interesting way. The Swedish fintech, best known for its “buy now, pay later” empire, has introduced KlarnaUSD, a dollar-backed stablecoin designed to make payments cheaper and faster. And for a CEO who once dismissed crypto, this is a major turn. Stablecoin transactions now exceed $27 trillion a year, …The post Klarna Debuts Dollar-Backed Stablecoin KlarnaUSD, Expanding Its Crypto Push appeared first on Coinpedia Fintech News Klarna is stepping into crypto in an interesting way. The Swedish fintech, best known for its “buy now, pay later” empire, has introduced KlarnaUSD, a dollar-backed stablecoin designed to make payments cheaper and faster. And for a CEO who once dismissed crypto, this is a major turn. Stablecoin transactions now exceed $27 trillion a year, …

Klarna Debuts Dollar-Backed Stablecoin KlarnaUSD, Expanding Its Crypto Push

ARC Stablecoin

The post Klarna Debuts Dollar-Backed Stablecoin KlarnaUSD, Expanding Its Crypto Push appeared first on Coinpedia Fintech News

Klarna is stepping into crypto in an interesting way. The Swedish fintech, best known for its “buy now, pay later” empire, has introduced KlarnaUSD, a dollar-backed stablecoin designed to make payments cheaper and faster. And for a CEO who once dismissed crypto, this is a major turn.

Stablecoin transactions now exceed $27 trillion a year, and new rules in the U.S. and Europe are finally giving large firms the green light to build. Klarna clearly sees an opening and it’s moving fast.

Built for Payments, Not Trading

KlarnaUSD will run on Tempo, a new blockchain developed by Stripe and Paradigm specifically for payments. The token is available on Tempo’s testnet now and is set to launch on the mainnet in 2026.

The idea is to cut down the cost of cross-border payments, a market weighed down by around $120 billion in fees every year. Klarna wants its stablecoin to work in everyday transactions, not just on crypto platforms.

Stripe’s Blockchain Is Klarna’s New Infrastructure

The stablecoin is built using Open Issuance by Bridge, a Stripe-owned stablecoin platform. Klarna and Stripe already partner across 26 global markets, making this a natural extension of their relationship.

The move also puts Klarna alongside other big names in the race. PayPal launched its own stablecoin in 2023, and Stripe rolled out one after acquiring Bridge for $1.1 billion. Klarna is now joining that shortlist of mainstream payments firms bringing stablecoins into their core business.

A Strategic Pivot Backed by Strong Growth

Klarna enters crypto with solid momentum. The company recently listed on the NYSE, raising $1.37 billion. In Q3, it posted 23% growth in gross merchandise volume and revenue of $903 million, beating analyst expectations.

The stock is trading near its 52-week lows, but Klarna’s liquidity remains extremely strong, giving the company room to push into new products including its first stablecoin.

More Crypto Moves Coming

Klarna says KlarnaUSD is just the start, with new partnerships set to be announced in the coming weeks.

Stablecoins are becoming the backbone of global payments. Klarna is making sure it has a seat at that table.

Market Opportunity
EPNS Logo
EPNS Price(PUSH)
$0.01035
$0.01035$0.01035
-0.38%
USD
EPNS (PUSH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Stark Reality Of Post-Airdrop Market Dynamics

The Stark Reality Of Post-Airdrop Market Dynamics

The post The Stark Reality Of Post-Airdrop Market Dynamics appeared on BitcoinEthereumNews.com. Lighter Trading Volume Plummets: The Stark Reality Of Post-Airdrop
Share
BitcoinEthereumNews2026/01/19 13:16
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.
Share
Coindoo2025/09/18 02:15