Global digital bank and flexible payments provider Klarna has launched KlarnaUSD, its first stablecoin.

The move makes Klarna the first bank to launch a stablecoin on Tempo, a new independent blockchain started by Stripe and Paradigm that’s purpose-built for payments.

“With 114 million customers and $112 billion in annual GMV, Klarna has the scale to change payments globally: with Klarna’s scale and Tempo’s infrastructure, we can challenge old networks and make payments faster and cheaper for everyone,” says Sebastian Siemiatkowski, co-founder and CEO of Klarna. “Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale. This is the beginning of Klarna in crypto, and I’m excited to work with Stripe and Tempo to continue to shape the future of payments.”

KlarnaUSD is built on Open Issuance by Bridge, a leading stablecoin infrastructure platform and Stripe company, and will launch on Tempo’s mainnet in 2026. It is currently live on their testnet and not publicly available, giving Klarna early access to its infrastructure for advanced testing, prototyping, and integration. The partnership deepens an already extensive relationship between Klarna and Stripe, which spans payments infrastructure across Klarna’s 26 markets globally.