Klarna’s Stablecoin vs BIS CBDCs: The Fight for Digital Money Power

Klarna just unveiled its own stablecoin, KlarnaUSD, built on Stripe’s Tempo blockchain. Hours later, the Bank for International Settlements named a CBDC architect to lead its Innovation Hub. These aren’t isolated updates, they are signals. The private sector and central banks are racing to control digital payment infrastructure.

This deep dive exposes what’s really at stake: exit ability, financial privacy, programmable money, and the future of digital sovereignty. Stablecoins expand autonomy but create corporate dependencies. CBDCs centralize authority and enable transaction-level policy enforcement. The infrastructure being built today will determine who controls the money stack tomorrow.

If you care about financial freedom, this is a must-watch.