According to FT, Swedish 'Buy Now, Pay Later' giant Klarna announced today the launch of its stablecoin, KlarnaUSD, aimed at reducing cross-border payment costs, making it the latest fintech company to bet on stablecoins reshaping global payments. The stablecoin is deployed on Stripe's self-developed blockchain, and Klarna claims it can 'significantly lower payment costs for consumers and merchants.' Insiders revealed that KlarnaUSD can bypass traditional intermediaries like Swift for large global fund transfers, drastically cutting internal settlement costs, and will gradually be made available to merchants and regular users. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52442