Klarna Dives into Stablecoins with Coinbase Partnership

Klarna, known for its buy-now-pay-later services, is venturing into cryptocurrency with a partnership with Coinbase. This move allows institutional investors to provide capital using stablecoins, attracting a new group of investors. The trend is gaining traction, with other financial players like SoFi, Sony, and Block also exploring stablecoins. This surge follows significant events like Stripes stablecoin acquisition, Circles IPO, and the new stablecoin regulatory framework.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.