Klarna partners with Coinbase to accept stablecoin funding from institutions

The BNPL giant will tap USDC-denominated funding via Coinbase as it explores stablecoins for treasury and capital markets use.

Klarna said it selected Coinbase for the initiative due to its experience providing crypto infrastructure to large enterprises. The exchange currently supports more than 260 businesses globally, offering custody, settlement and blockchain-based financial services. Add reaction