Klarna stablecoin debuts on Tempo to reshape payments

Payment giant Klarna is taking its first major step into digital assets as it prepares to launch the klarna stablecoin within a new blockchain ecosystem. What is Klarna planning with its new stablecoin? Payment solutions company Klarna has announced the launch of a new stablecoin on Tempo, an independent blockchain designed specifically for payments by Stripe and Paradigm. The project targets global retail transactions and aims to reduce frictions in cross-border commerce. According to the company, this new asset will be fully integrated into Klarna’s payment stack. Moreover, it is expected to support both online and in-store transactions, providing instant settlement and predictable pricing for consumers and merchants. How does Tempo position itself in the payments ecosystem? Tempo is being developed as an infrastructure layer dedicated to high-volume, low-cost transactions. Backed by Stripe and Paradigm, the network focuses on payments rather than speculative trading, with architecture optimized for speed, security and scalability in everyday commerce. However, the initiative also signals growing competition with traditional card networks and bank transfers. By offering programmable settlement rails, Tempo could enable new financial products while keeping transaction costs low for global users. What did Klarna’s CEO say about the crypto strategy? In a press release, Klarna CEO and co-founder Sebastian Siemiatkowski highlighted the scale of the company’s operations. “With 114 million customers and $112 billion in annual transaction volume, Klarna has the scale to transform payments globally,” he said, underlining the firm’s reach in key markets. “With Tempo’s infrastructure, we can challenge the old networks and make payments both faster and cheaper for everyone. Crypto is now fast, cheap, secure, and scalable enough. This is the beginning of Klarna’s journey into crypto, and I look forward to continuing to shape the future of payments together with Stripe and Tempo,” Siemiatkowski added, framing the move as a long-term strategic shift. When will KlarnaUSD go live on Tempo? The new asset, named KlarnaUSD, will be launched on Tempo’s main network in 2026. That said, the company has not yet disclosed technical details such as reserve structure, on-chain governance, or regulatory framework for the token. However, Klarna has confirmed that the klarna stablecoin will be native to Tempo’s settlement layer, suggesting a tight integration with merchant tools and consumer apps once the mainnet is fully operational. Moreover, the launch timeline indicates that Klarna, Stripe and Paradigm are aligning around a shared vision for next-generation digital settlement, using stable-value assets to make everyday transactions more efficient at global scale. In summary, KlarnaUSD on Tempo positions Klarna to compete more directly in the evolving crypto payments landscape, while Stripe and Paradigm reinforce their roles as core infrastructure providers for the future of blockchain-based commerce.
https://bitcoinethereumnews.com/tech/klarna-stablecoin-debuts-on-tempo-to-reshape-payments/

Canaan Inc. Surpasses Revenue Expectations in Q3 2025

Canaan Inc. a new quarterly record and a 37. 7% increase year-over-year. This achievement was fueled by strong demand in Asia and a strategic rebound in North America. Additionally, Canaan’s cryptocurrency treasury expanded to 1, 581. 9 BTC and 2, 830 ETH by the end of Q3 2025. Operational Highlights Nangeng Zhang, Canaan’s Chairman and CEO, noted the company’s strategic advancements, including the introduction of the next-generation air-cooled A16XP model, offering 300 TH/s with energy efficiency of 12. 8 J/TH. Canaan also launched pilot initiatives exploring the synergy between bitcoin mining and energy management, such as grid balancing and stranded natural gas utilization. Financial Metrics Gross profit surged to $16. 6 million from a gross loss of $21. 5 million in the same period last year. The company also reported a net loss of $27. 7 million, a significant improvement from the $75. 6 million loss in Q3 2024. The cash position strengthened to $119. 2 million by the end of the quarter, supported by record-high crypto treasuries. Business Developments Recent developments include a landmark U. S. order for over 50, 000 Avalon® A15 Pro mining machines and the launch of a gas-to-computing pilot project in Canada. Canaan also regained compliance with Nasdaq’s minimum bid-price requirement and completed a $72 million strategic investment from institutional investors. Future Outlook Looking ahead, Canaan anticipates total revenues for Q4 2025 to range between $175 million and $205 million, reflecting ongoing market conditions and customer dynamics. The company remains committed to monitoring global policy environments and market developments to adjust its business strategies accordingly. Image source: Shutterstock.
https://Blockchain.News/news/canaan-inc-surpasses-revenue-expectations-q3-2025

̦Phantom Wallet CEO Says No IPO or Blockchain Launch Ahead, Doubles Down on Solana

**Phantom Wallet CEO Says No IPO or Blockchain Launch Ahead, Doubles Down on Solana**

Despite rapid growth and significant investor buzz, Phantom Wallet isn’t planning an IPO or launching its own blockchain anytime soon. CEO Brandon Millman confirmed this during a recent appearance on the Empire Podcast, emphasizing the company’s commitment to Solana and its mission to build products that make cryptocurrency more accessible for everyday users. Here are more insights from the episode.

### No IPO, No Blockchain

Millman made it clear that while Phantom has the potential to go public, an IPO is not the route they want to take right now. He explained, “Launching your own chain is kind of antithetical to the open permissionless nature of crypto, I feel. And so I think we’re always going to try to just reinvest into Solana.”

Instead of launching a proprietary blockchain or chasing public markets, Phantom plans to grow through private funding from leading backers such as a16z, Paradigm, and Sequoia Capital. Millman also highlighted that Phantom isn’t currently targeting institutional users. Rather, the focus is on improving user-facing products and simplifying crypto for the mainstream audience.

### Sticking With Solana and Open Ecosystems

Phantom’s decision to avoid building its own blockchain is a notable stance in the crypto space. Millman believes that cryptocurrency should remain open and composable—not siloed within isolated chains.

That’s why Phantom continues to invest heavily in the Solana ecosystem while also supporting other blockchains like Base, Polygon, and Sui where it makes sense to do so. This approach reflects Phantom’s commitment to maintaining an open and interconnected crypto ecosystem.

### From Wallet to Full-Fledged Finance App

Phantom started out as a Solana-based wallet, but its ambitions now extend far beyond that. The company is developing what looks to be a next-generation crypto finance platform—an all-in-one app that combines trading, payments, and everyday money management.

Among the new products in the pipeline:

– **Phantom Cash**: A USD-based account that enables users to receive payroll deposits, make transfers, and use debit card spending.
– **CASH Stablecoin**: Developed in partnership with Stripe and Bridge, this stablecoin is backed 1:1 by USD and instantly usable at merchants supporting Stripe.

These innovations push Phantom toward a business model reminiscent of fintech apps like Cash App or Robinhood but built entirely on crypto infrastructure.

### The Road Ahead: Building the Future of Crypto Finance

Phantom currently employs around 160 people and is expanding through strategic acquisitions such as Bitski, Sniper, and Blowfish. The company is also gearing up to launch **Phantom Terminal** in November 2025, a professional trading platform aimed at advanced users.

Additionally, Phantom is developing **Phantom Connect**, a feature that will allow users to sign into apps seamlessly using their Phantom wallet.

Millman summed up Phantom’s long-term vision as building “the next-generation consumer finance platform” powered by crypto. By sidestepping IPO hype and focusing on product-driven growth, Phantom appears dedicated to creating lasting value for the next wave of crypto adopters.
https://bitcoinethereumnews.com/blockchain/%cc%a6phantom-wallet-ceo-says-no-ipo-or-blockchain-launch-ahead-doubles-down-on-solana/

Volcanic Ash: New show or just a rerun for Mauna Kea telescope?

If you wait long enough, the Thirty Meter Telescope (TMT) comes around as regularly as the comets astronomers like to observe. The controversial next-generation observatory proposed for Mauna Kea seemed dead after Native Hawaiian protesters stopped construction starts in 2015 and 2019, costs soared, regulatory approval was a moving target, and a major source of federal funding dried up.

But now, Governor Josh Green is supporting a plan to reduce regulatory uncertainty and community unrest by building TMT on the already disturbed site of a decommissioned telescope instead of the pristine ground originally planned. Particularly attractive is the site occupied until last year by the Caltech Submillimeter Observatory, which sits in a depression where the dome isn’t visible from below.

In a letter to TMT also signed by Hawaii Senators Brian Schatz and Mazie Hirono and Representatives Jill Tokuda and Ed Case, Governor Green agreed to promptly provide the developers with a clear and transparent regulatory path for this scenario—giving TMT the clarity it never had.

There’s good reason TMT remains enticing to many in Hawaii; astronomy is a clean economic driver that provides skilled, well-paying jobs that are desperately needed and seeds other knowledge industries. A photo of Mauna Kea taken from the International Space Station shows it to be an enormously large mountain, on which the telescopes leave the tiniest of footprints. You’d think reasonable people could find a way to share this resource.

However, passionate protesters believe Mauna Kea is sacred and are unlikely to back down, and politicians have feared crossing them. You might recall then-Lieutenant Governor Josh Green undermining Governor David Ige by showing supportive presence in the last protest camp wearing his hospital scrubs.

In 2022, the Legislature transferred management of Mauna Kea from the University of Hawaii to a new Mauna Kea Stewardship and Oversight Authority.

TMT’s problems extend beyond regulatory uncertainty and protests. The original estimated cost of $1 billion has grown to $3 billion, and the National Science Foundation (NSF) has withdrawn major funding, choosing instead to back the Giant Magellan Telescope in Chile.

Hawaii delegates are trying to secure TMT funding in the House and Senate budgets—if the government shutdown ever ends—but it’s a heavy lift with the Trump administration having been determined to slash NSF funding.

The TMT consortium of universities and science institutions from the U.S., China, India, Canada, and Japan is also in talks with Spain about a less desirable but more welcoming site in the Canary Islands.

TMT is unlikely to happen in Hawaii if elected officials are unwilling to defy unhappy protesters. It doesn’t help that the new TMT push comes as a bigger and potentially even uglier fight heats up over continued military use of lands many Hawaiians consider sacred.

The TMT saga is starting to remind me of the Falls of Clyde—the historic sailing ship recently sunk off Oahu due to lack of financial support and patience. Those who tried for years to save the ship had the noblest of intentions, but after many false starts, they could never gather enough money or community support to finish the deal.
https://www.staradvertiser.com/2025/11/09/hawaii-news/volcanic-ash/mauna-kea-telescope-back-new-show-or-just-a-rerun/

Dogecoin (DOGE) Millionaire Backs New Meme Coin Predicting 14504% Growth By 2026

A Dogecoin millionaire made millions by riding the wave of DOGE when it captured the internet’s attention. However, now this meme-coin veteran is backing something entirely different. It’s reported that the Dogecoin millionaire has placed a meaningful allocation into a sub-$0.003 token that projects snowballing gains: Little Pepe (LILPEPE).

According to his projections, LILPEPE is set to grow 14,504% by 2026, placing it on the same pedestal as Dogecoin. If such gains materialize, Little Pepe will offer investors a second chance at a DOGE-like opportunity.

### From DOGE to New Beginnings: The Bitcoin-Era Veteran Returns

Dogecoin’s origin story has become a crypto legend. Born as a playful spin-off of Bitcoin and driven by community zeal and internet culture, Dogecoin soared from fractions of a cent into the spotlight within months. Early believers who held through waves of meme hype became institutional-level winners.

That veteran investor’s presence in the new token rings a bell. With DOGE’s peak long past, he is seeking the next Doge moment: a cheap token with massive viral potential and structural upgrades. He sees parallels in this new project — a meme coin built for culture and scale.

### Little Pepe (LILPEPE): Engineered for 14,504% Gains

The token in question is Little Pepe (LILPEPE), a new meme coin that’s rapidly going viral. What sets it apart is its infrastructure. Little Pepe is built on an Ethereum-compatible Layer-2 network focused on meme scalability. It’s not just copy-paste hype.

This chain delivers ultra-low fees and fast finality. LILPEPE offers zero trading tax and sniper-bot protections for a fair launch. The project also features a native “Pepe’s Pump Pad” launchpad, where new meme tokens can be deployed and generate fresh liquidity.

With a low entry price and strong technical tailwinds, the model attempts to combine the viral energy of dog-and-pepe memes with next-generation blockchain infrastructure.

### Metrics That Matter: Presale, Giveaway, and Community Building

Little Pepe’s presale has surged ahead with Stage 13 currently live at $0.0022, having raised over $27.35 million. Approximately 16.6 billion tokens have been sold in presale to date. With the listing price fixed at $0.003, early buyers already hold paper gains. If the 14,504% projection holds, those gains could be exponential.

Little Pepe’s marketing machine is firing on all cylinders. A $777,000 giveaway, distributing $77,000 to ten winners, has drawn hundreds of thousands of entries. Meanwhile, a new mega giveaway rewarding the biggest buyers in the last five stages highlights Little Pepe’s commitment to its community.

The team’s marketing efforts have sparked a blooming community. With thousands joining weekly, it’s quickly becoming strong and loyal. This mirrors the early Doge pattern: community rewards, meme-culture momentum, and broad accessibility.

With a large-cap veteran behind the scenes and a low entry price point, FOMO is building and network effects are accelerating. Tier-1 exchange listings have been confirmed, and the project has completed a CertiK Audit. Supported by a thriving community, LILPEPE is positioned as a meme coin with serious ambition and growth potential.

### Can 14,504% Growth Be Real?

Little Pepe’s meme-infrastructure hybrid positions it as a candidate for extreme multiple returns. If LILPEPE lists at $0.003 and later experiences parabolic trading volume, it could skyrocket.

Achieving 14,504% growth from current prices means LILPEPE would need to reach approximately $0.32 by 2026. This leap is plausible only if the community, exchange listings, and launchpad activity scale swiftly. Key catalysts include additional exchange listings, ecosystem token launches, and viral adoption.

Unlike DOGE today, LILPEPE still has room to grow, but it also carries higher execution risk. If LILPEPE hits $0.30 or more, entries around $0.0022 would yield extraordinary returns. This is precisely the type of breakout many meme traders seek.

### Conclusion: A Rare Shot at Meme-Coin Explosive Upside

With the Dogecoin investor identifying a similar opportunity in Little Pepe, the token is poised for radical gains. Little Pepe offers meme culture layered with real infrastructure, early entry, and high potential upside.

With a 14,504% growth target by 2026, LILPEPE could lead the next meme wave.

For those seeking high-risk, high-reward opportunities, the presale at [littlepepe.com](https://littlepepe.com) provides a window into the next-generation meme coin’s rise.

*For more information about Little Pepe (LILPEPE), visit the links below.*
https://coinpedia.org/press-release/doge-millionaire-backs-new-meme-coin-predicting-growth-by-2026/

Telegram Launches Cocoon: A Decentralized AI Network That Pays GPU Owners in Crypto

Telegram CEO Pavel Durov took to the stage at Blockchain Life 2025 in Dubai on Wednesday to announce **Cocoon**, a decentralized AI compute network built on The Open Network (TON) blockchain. Cocoon will pay GPU owners in Toncoin for powering private AI inference, marking a significant step forward in decentralized artificial intelligence infrastructure.

Formally known as the **Confidential Compute Open Network**, Cocoon is set to launch in November, with Telegram as its first major customer. Following the announcement, applications for GPU providers and developers opened immediately.

### How Cocoon Works

Cocoon creates a marketplace where individuals contribute computing power through their graphics processing units (GPUs) and, in return, receive TON cryptocurrency. On the flip side, developers gain access to low-cost AI infrastructure that processes queries without exposing user data to centralized providers.

This decentralized approach to AI infrastructure aims to rival the monopolies held by Big Tech giants like Amazon AWS and Microsoft Azure. Pavel Durov positioned Cocoon as a response to the erosion of digital freedoms—continuing Telegram and TON blockchain’s long-standing privacy-first mission.

### Privacy at the Core

With rising concerns about centralized AI systems, many users worry about companies like OpenAI or Google accessing sensitive details—their prompts, data, usage patterns, and metadata—whenever they interact with AI. Cocoon counters these concerns by employing a confidential computing approach, keeping data encrypted throughout the entire process—even from the GPU owners performing the computations.

### Telegram Integration and Scale

Telegram’s globally adopted platform provides immediate scale for Cocoon’s adoption. The messaging app will integrate Cocoon across its ecosystem, powering AI features in its Mini Apps and potentially transforming how millions of users interact with artificial intelligence every day.

Max Crown, CEO of the TON Foundation, emphasized the importance of this development, saying:

> “Leveraging Telegram’s billion-strong user base and TON’s high-performance, scalable blockchain technology, Cocoon has the potential to redefine how billions interact with AI in their everyday digital lives. Cocoon is the convergence of social networking, AI, and decentralized technology at unprecedented scale.”

### Strategic Investment and Technology

AlphaTON Capital, a Nasdaq-listed digital asset infrastructure and TON treasury company, announced plans to make a **substantial investment** in the hardware needed to support the Cocoon network. The company aims to deploy next-generation, high-memory GPU models across strategic data centers, supporting advanced AI model architectures including DeepSeek and Qwen.

Cocoon builds on TON blockchain’s multi-chain architecture, which processes millions of transactions per second through its sharded design. This structure enables Cocoon to handle massive AI workloads while maintaining transparency and market-driven pricing enabled by blockchain technology.

### The Growing Decentralized AI Ecosystem

Decentralized AI networks are gaining momentum as alternatives to centralized tech giants. Projects like Akash Network and Render Network already allow users to rent distributed computing resources. However, Cocoon’s integration with Telegram’s massive user base offers a unique advantage in scale and reach.

Like other decentralized cloud and storage networks, Cocoon’s market pricing will be driven by supply and demand dynamics. GPU owners and developers will negotiate costs through the network, potentially offering more competitive pricing than traditional centralized cloud providers. However, this model may introduce variability in service reliability and consistency.

### Empowering Users

Max Crown summed up Cocoon’s mission:

> “In a world where centralized AI systems harvest data and concentrate power, Cocoon rebalances the equation by giving users control over their computation, privacy, and ownership.”

With Cocoon, Telegram and TON are set to pioneer an open, user-driven compute economy that puts control back into the hands of the users, reshaping the future of AI infrastructure and digital privacy.
https://bitcoinethereumnews.com/crypto/telegram-launches-cocoon-a-decentralized-ai-network-that-pays-gpu-owners-in-crypto/?utm_source=rss&utm_medium=rss&utm_campaign=telegram-launches-cocoon-a-decentralized-ai-network-that-pays-gpu-owners-in-crypto

Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet

Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet

Jupiter has launched Ultra V3, its next-generation trading engine designed to elevate execution quality across Solana’s DeFi markets. This major update introduces advanced meta aggregation, predictive execution, and enhanced defenses against sandwich attacks, marking a significant leap toward faster, safer, and more transparent trading on Solana.

**Iris Router and Predictive Execution: Smarter Crypto Pricing**

At the heart of Ultra V3 lies the Iris router, which replaces Jupiter’s former Metis routing system. Iris aggregates data from multiple routers—including JupiterZ, DFlow, Hashflow, and OKX—to secure the best on-chain prices available. Employing sophisticated mathematical methods such as the Golden-section and Brent’s algorithms, Iris achieves up to 100 times better routing performance.

JupiterZ, the platform’s proprietary RFQ system processing roughly $100 million in daily volume, now integrates exclusively with Ultra V3. Combined, these technologies enable more accurate trade execution with minimal slippage, effectively narrowing the gap between quoted prices and actual trade outcomes.

Further enhancing this is the Predictive Execution feature, which prioritizes optimal trade routes by simulating real-time results ahead of trade confirmation. This approach helps prevent quote inflation issues common on decentralized exchanges, ensuring users receive authentic market execution prices. Jupiter reports that this model results in consistent positive slippage, outperforming competitors that often experience negative averages.

**ShadowLane and Gasless Trading: Speed and Security for Solana Users**

Another core innovation is ShadowLane, Jupiter’s proprietary transaction landing engine optimized for speed and precision. By handling trade execution internally—without relying on external relays or third-party order flow processors—ShadowLane delivers a threefold increase in successful trade landings and slashes latency to as low as 50 milliseconds.

Ultra V3 significantly strengthens protection against miner extractable value (MEV) exploits, offering 34 times better sandwich attack defense compared to other terminals. The new Real-Time Slippage Estimator (RTSE) dynamically adjusts slippage settings to maintain smooth transaction flows, even during volatile market conditions.

Additionally, Ultra V3 expands gasless trading capabilities. Users can now execute swaps without holding SOL, as Jupiter automatically deducts gas fees directly from the trade value. This upgrade supports Token-2022 assets and facilitates smaller trade sizes, making decentralized finance more accessible to users with smaller wallets.

**Seamless Integration Across Jupiter’s Ecosystem**

Ultra V3 is fully integrated across Jupiter’s web, mobile, desktop, and API platforms. It also powers Jupiter Pro tools such as Terminal, Screener, and Analytics, catering to professional traders by ensuring consistent experiences and deeper data insights across devices.

By combining precise execution, robust on-chain safety, and enhanced user accessibility, Ultra V3 raises the standard for Solana-based DeFi infrastructure. The update is already live across Jupiter’s entire product suite and is available to both retail and institutional users.

Experience faster, safer, and smarter trading on Solana with Jupiter Ultra V3 today.

*The post Jupiter Unveils Ultra V3, Its Most Powerful Solana Trading Engine Yet appeared first on Blockonomi.*
https://bitcoinethereumnews.com/tech/jupiter-unveils-ultra-v3-its-most-powerful-solana-trading-engine-yet/?utm_source=rss&utm_medium=rss&utm_campaign=jupiter-unveils-ultra-v3-its-most-powerful-solana-trading-engine-yet

Exit mobile version