Swedish digital bank and payment service 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 funding channel denominated in the USDC stablecoin in addition to its existing traditional funding sources (including user deposits, long-term loans, and short-term commercial papers). This approach will help Klarna directly reach more institutional investors and obtain stable funding sources similar to the US dollar.

Klarna stated that this move is the "first step" in exploring how digital assets and traditional financing channels can collaborate, and will continue to advance its crypto and stablecoin-related business layout aimed at consumers and merchants, expecting ongoing progress through 2026.