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Buy Now Pay Later Giant Klarna Prepping Stablecoin on Stripe's Tempo Chain

The fintech firm debuted KlarnaUSD on Tempo's testnet.
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Nov 25, 20251 min read

Klarna launched a USD-backed stablecoin called KlarnaUSD in a move to cut cross-border payment costs and bring onchain settlement into its global payments stack. The token was issued on the Strip & Paradigm's Tempo testnet.

What’s the Scoop?

  • Cost reduction: Klarna positioned the stablcoin as a tool to lower international transaction expenses, citing roughly $120 billion in global cross-border fees each year.
  • Launch timeline: KlarnaUSD went live on Tempo’s testnet and was scheduled for a full mainnet rollout in 2026. The stablecoin was issued through Open Issuance, an infrastructure product built by Bridge, a Stripe subsidiary.
  • Rising Influence: Tempo continues to amass partners after raising $500 million at a $5 billion valuation last month and garnering headlines after poaching top research talent from Ethereum.

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