Klarna Partners with Coinbase to Accept Stablecoin Funding from Institutional Investors
The post Klarna Partners with Coinbase to Accept Stablecoin Funding from Institutional Investors appeared on BitcoinEthereumNews.com.
TLDR: Klarna now accepts USDC stablecoin funding from institutional investors via Coinbase. Stablecoins provide a digital, USD-like funding source alongside traditional financing. Klarna launched its own stablecoin, KlarnaUSD, on a blockchain backed by Stripe. The company partners with Privy to develop further crypto products for its users. Klarna has partnered with Coinbase to accept stablecoin funding from institutional investors, marking a strategic step into the crypto space. The Swedish buy-now-pay-later (BNPL) provider aims to diversify its funding sources beyond traditional deposits, loans, and commercial paper. According to Fortune, Swedish BNPL giant Klarna has partnered with Coinbase to accept capital from institutional investors in the form of stablecoins. Klarna’s CFO said stablecoins open access to an entirely new class of institutional funding.https://t.co/NL3bMIUjND — Wu Blockchain (@WuBlockchain) December 21, 2025 Klarna’s CFO, Niclas Neglén, emphasized that stablecoins provide access to a new class of institutional investors, offering USD-like capital through digital channels. Expanding Funding Channels with Stablecoins Klarna’s collaboration with Coinbase allows the company to raise short-term funding denominated in USDC. This digital funding stream complements its existing capital sources, including deposits and bonds issued by its banking arm. Stablecoins, pegged to assets like the U.S. dollar, offer a faster and more efficient means of transferring funds for institutional investors. The partnership leverages Coinbase’s established infrastructure, which currently serves over 260 businesses worldwide. Klarna plans to utilize this infrastructure to secure short-term institutional capital in a digitally native format. This arrangement provides Klarna with flexible options for raising liquidity, enhancing its funding mix for operational and strategic initiatives. Neglén noted that stablecoin funding could diversify Klarna’s capital access in ways previously unavailable. The CFO described this development as the first step in integrating digital assets alongside traditional financing sources. By doing so, Klarna opens its operations to a broader pool of institutional…
Filed under: News - @ December 21, 2025 10:27 am