Swedish fintech Klarna launches its first stablecoin, KlarnaUSD, on Stripe and Paradigm’s new payments-focused Tempo blockchain.

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KlarnaUSD represents the Sweden-based company's first foray into digital assets, a step towards making a statement amid crypto adoption.

Klarna launches USD-backed stablecoin KlarnaUSD on Tempo blockchain. The move aims to cut payment costs and expand global remittances.