Group 1 - Klarna has launched its first stablecoin, KlarnaUSD, becoming the first regulated payments provider to do so on the Tempo blockchain, which could help reduce the $120 billion annual cross-border payment fees globally [1][3] - KlarnaUSD is a US-dollar-backed stablecoin issued through Open Issuance by Bridge, a Stripe company responsible for compliance, reserve management, and redemption [2] - The launch follows McKinsey data indicating stablecoin transactions have reached $27 trillion annually, with Klarna planning to integrate KlarnaUSD across its network that processes $112 billion in GMV for 114 million users [3] Group 2 - KlarnaUSD is designed for payments rather than trading, currently operating on Tempo's testnet with a mainnet launch planned for 2026, offering fast settlement, high throughput, and low fees [4] - The stablecoin will initially be used within Klarna's payment stack for merchant payouts, cross-border settlements, refunds, and internal funding flows, replacing slow correspondent-banking systems [5] - By issuing KlarnaUSD through Bridge, Klarna benefits from a fully backed, redeemable stablecoin without the need to manage reserves or regulatory reporting, facilitating instant settlement across markets and reducing friction in 26 supported countries [6]