Klarna, the buy now, pay later (BNPL) company, is partnering with Coinbase to accept stablecoin funding from institutions. According to reports, Klarna will utilize USD Coin (USDC)-denominated funding through Coinbase as it explores the use of stablecoins for treasury management and capital markets activities. The development indicates a growing interest among traditional financial entities in leveraging stablecoins for various financial operations.

Klarna, the buy now, pay later (BNPL) company, is partnering with Coinbase to accept stablecoin funding from institutions. According to reports, Klarna will utilize USD Coin (USDC)-denominated funding through Coinbase as it explores the use of stablecoins for treasury management and capital markets activities. The development indicates a growing interest among traditional financial entities in leveraging stablecoins for various financial operations.