Fintech Giant Klarna Launches Stablecoin on Tempo Blockchain

Popular fintech giant Klarna has launched its United States dollar-pegged stablecoin, dubbed KlarnaUSD. According to the announcement on X, the new digital asset is a first-of-its-kind for the company. It has now gone live on Tempo blockchain, making it the first digital bank to make such a move. Klarna Plans to Challenge Old Networks With Stablecoin On November 25, Klarna announced that it has become the first digital bank to launch a stablecoin on Tempo. This is a new independent payment-designed blo ...