Klarna Partners With Coinbase to Raise Institutional Funding via USDC

Klarna is taking its first step into stablecoin-based funding. The global digital bank announced a partnership with Coinbase to raise short-term institutional capital denominated in USDC, adding a new digital funding channel alongside its traditional sources such as customer deposits, long-term loans, and commercial paper. source: https://www.ethnews.com/klarna-partners-with-coinbase-to-raise-institutional-funding-via-usdc/