Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
ChainCatcher reported that recently, Swedish payment giant Klarna officially announced the early launch of its first stablecoin, KlarnaUSD, on the Tempo blockchain, which is supported by Paradigm and Stripe. The stablecoin was originally scheduled to go live in 2026.
According to the announcement, the annual transaction volume of stablecoins has reached $27 trillion. In the future, Klarna will bring faster and cheaper cross-border payments to its 114 million customers. The large-scale adoption of cryptocurrencies is just beginning. It is understood that Klarna's annual GMV exceeds $118 billion. Previously, its Q3 financial report showed that the quarterly performance reached a record high since the company went public, with single-quarter revenue soaring to $903 million, GMV growing by 23%, and revenue in the US increasing by 51%.
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