Klarna partners with Coinbase to accept stablecoin funding from institutions
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Klarna, a Swedish fintech firm, has partnered with Coinbase to incorporate stablecoins into its institutional funding strategy. This move allows Klarna to raise short-term funding in USDC from institutional investors, diversifying its funding sources. The initiative, separate from Klarna's consumer crypto plans, is still in development and subject to regulatory risks. Klarna also launched a US dollar-pegged stablecoin, KlarnaUSD, on Tempo's testnet, with a mainnet launch expected in 2026.
Source: Cointelegraph The copyright of this article belongs to the original author/organization.
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