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Klarna partners with Coinbase to enable institutions to pay with stablecoins
Deep Tide TechFlow News, according to Fortune, Swedish digital banking and payment services company Klarna announced a partnership with Coinbase, planning to raise short-term funds denominated in stablecoins from institutional investors through Coinbase’s digital infrastructure. This will enable Klarna to add a new funding channel denominated in USDC stablecoin beyond its existing traditional sources of funds (including user deposits, long-term loans, and short-term commercial paper). This approach will help Klarna directly access more institutional investors and obtain stable funding sources similar to USD.
Klarna stated that this move is the “first step” in exploring how digital assets can collaborate with traditional financing channels, and will continue to advance its crypto and stablecoin-related business layout for consumers and merchants, with ongoing efforts expected through 2026.