#稳定币市场动态 Looking back at history, I have witnessed quite a few cases of payment giants entering the crypto space. Klarna’s launch of a stablecoin on the Tempo blockchain reminds me of when PayPal first ventured into Bitcoin. The difference is that Klarna has chosen a much more aggressive path.

Payment companies entering the stablecoin market is an interesting trend. It not only demonstrates traditional finance’s recognition of blockchain technology, but also reflects the potential of stablecoins in cross-border payments. However, we cannot forget the lessons from the failure of the Libra—now Diem—project. Regulatory pressure and technical challenges may become stumbling blocks for Klarna.

It’s worth noting that Klarna chose the Tempo blockchain, which is backed by Paradigm and Stripe. This decision is quite strategic and could bring more credibility and technical support to its stablecoin project. However, the stability and scalability of this emerging blockchain remain to be tested.

From historical experience, success will depend on how well Klarna balances innovation and compliance, and how it positions its stablecoin within the existing payment ecosystem. 2026 may seem far away, but for such a complex project, time is not abundant. We will wait and see whether Klarna can learn from past successes and failures and carve out new ground in this field full of opportunities and challenges.