BNPL firm Klarna announces USD stablecoin on Stripe–Paradigm's Tempo blockchain to cut payment costs https://t.co/ISMHh4UXAW ...

本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 【11月25日，瑞典金融科技公司Klarna将推美元稳定币】11月25日，瑞典"先买后付"金融科技公司 Klarna透露，将推出美元稳定币KlarnaUSD。该公司成为最新押注稳定币重塑全球支付的企业。此稳定 币部署在Stripe自研区块链上，Klarna称其能"显著降低消费者与商户的支付成本"。 ...

Klarna, the Sweden-based digital bank known for its "buy now, pay later" offering, said Tuesday that it will debut a U.S. dollar stablecoin, becoming the latest global fintech tapping blockchain rails to power global transfers. Dubbed KlarnaUSD, the token is set to go live on Tempo, a blockchain developed by Stripe and Paradigm specifically for payment use cases. The token will be issued through Bridge, Stripe’s stablecoin infrastructure product, and is currently in test mode. A full public rollout is pla ...

Financial Data and Key Metrics Changes - The company reported third-quarter revenue of $9.7 billion, with an adjusted operating income rate of 4% and adjusted earnings per share increasing by 11% year-over-year to $1.40 [4][24] - Comparable sales growth was 2.7%, exceeding expectations [4][24] - Domestic revenue increased by 2.1% to $8.9 billion, while international revenue rose by 6.1% to $794 million [24][25] Business Line Data and Key Metrics Changes - Strong sales performance was noted in computing, gaming, and mobile phones, with computing achieving its seventh consecutive quarter of positive comps [4][5] - Desktop computers saw nearly 30% year-over-year growth, while gaming demand remained strong for the Nintendo Switch 2 [5][6] - Online revenue increased by 3.5% on a comparable basis, representing 31.8% of domestic revenue [24][25] Market Data and Key Metrics Changes - The domestic gross profit rate decreased by 30 basis points to 23.3%, primarily due to lower product margin rates [25] - International gross profit rate increased by 30 basis points to 22.8%, attributed to favorable supply chain costs [25][26] Company Strategy and Development Direction - The company aims to strengthen its position as a leading omnichannel destination for technology while building new profit streams [9][10] - Strategic priorities include enhancing omnichannel experiences, driving incremental profitability streams through the Best Buy marketplace, and improving operational efficiencies [9][13][17] - The company is focusing on leveraging AI for customer support and product recommendations, aiming to enhance customer experience [18][60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the upcoming holiday season, highlighting compelling deals and strong marketing efforts [18][22] - The company expects fourth-quarter comparable sales to range from down 1% to up 1%, with an adjusted operating income rate of 4.8%-4.9% [28][29] - Management noted that the high end of the fourth-quarter outlook assumes growth in computing, gaming, and mobile, with improved trends in TVs [22][28] Other Important Information - The company recorded pre-tax non-cash asset impairments of $192 million related to Best Buy Health, which were excluded from adjusted results [27] - Year-to-date, the company returned $802 million to shareholders through dividends and share repurchases [27] Q&A Session Summary Question: Insights on Q4 guidance and expectations - Management indicated that the high end of the Q4 sales guide is similar to previous expectations, with a slight adjustment to the bottom end [31] Question: Product momentum and demand outlook - Management expects continued growth in computing and mobile phones, driven by the need for upgrades and innovation [32][33] Question: Marketplace performance and EBIT impact - The marketplace has onboarded over 1,000 sellers and significantly increased SKUs, with positive early indicators for customer experience [38][39] Question: Loyalty program performance - The loyalty program has over 100 million members, with nearly 8 million paid members, focusing on personalized promotions to drive engagement [41][42] Question: Store investment and future plans - The company plans to continue investing in store aesthetics and exploring smaller format stores to enhance customer experience [44][46] Question: Impact of tariffs on pricing - The effective tariff rate is in the mid-teens, but overall ASP remains flat due to competitive pricing pressures [49][50] Question: Vendor support in labor - Vendor labor support varies by time of year and product launches, with a focus on maintaining customer service quality [52][53]

stablecoin, stablecoin supply, crypto market,. Photo by BeInCrypto Klarna has launched its first stablecoin, KlarnaUSD, marking a major shift for the global digital bank and BNPL provider.  Klarna becomes the first regulated payments provider to launch a stablecoin on Tempo, a payments-focused blockchain developed by Stripe and Paradigm. The firm says the move could help reduce the world’s $120 billion annual cross-border payment fees. Understanding KlarnaUSD KlarnaUSD is a US-dollar-backed stablecoin is ...

🚨JUST IN: GLOBAL PAYMENT PLATFORM @KLARNA TO LAUNCH STABLECOIN ON STRIPE-BUILT BLOCKCHAIN ~ FINANCIAL TIMES ...

According to the Financial Times, Swedish “buy now, pay later” giant Klarna has announced the launch of its stablecoin KlarnaUSD, aimed at reducing cross-border payment costs. The stablecoin is deployed on Stripe’s proprietary blockchain, and Klarna said it will “significantly lower payment costs for both consumers and merchants.” https://t.co/XkYcBNKYjM ...

Core Insights - Klarna, a Swedish fintech firm, announced the launch of a U.S. dollar-backed stablecoin, indicating a significant move into digital assets by a major payments company as regulatory scrutiny increases [1] Company Summary - Klarna is expanding its product offerings by introducing a stablecoin, which aligns with the growing trend among payment companies to explore digital asset solutions [1] Industry Summary - The move by Klarna reflects a broader industry shift towards digital assets, particularly as regulatory frameworks become more stringent, prompting companies to adapt and innovate in the payments space [1]

NEW YORK (AP) — A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors. Many IPOs targeted for the end of this year will likely be pushed into next year as the Securities and Exchange Commission works to clear a backlog of hundreds of registration statements. Meanwhile, shares of companies that did make their market debuts haven't fared well lately amid concerns that stocks have gotten too expensive after another double-dig ...

Forget sparkling lights and sugar plums. With rising prices on everything from food to clothing, you may be feeling the squeeze this holiday season. High prices are driving up expected spending: People plan to spend about $900 on gifts, food, and decorations this holiday season, according to the National Retail Federation. Whether you need extra cash to buy gifts for your kids or cover the cost of travel to visit family, you may be thinking about borrowing money for the holidays. From buy now, pay later a ...