Klarna Takes Crypto Leap, Planning Stablecoin Launch In 2026
Swedish fintech firm Klarna has entered the cryptocurrency space with the announcement of a USD stablecoin, set to roll out in 2026. Klarna To Launch Stablecoin On Tempo Blockchain As announced in a press release, Klarna has launched its stablecoin on Tempo’s testnet. The stablecoin, called KlarnaUSD, is backed one-to-one by the US Dollar, and […]
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Swedish payment giant Klarna plans to integrate crypto. The ‘last fintech in the world to embrace it,’ according to Klarna CEO Sebastian Siemiatkowski. While Siemiatkowski expected his post to ‘get a huge sign and two views,’ the community found it big news. Why did Klarna delay this moment for so long, and what crypto services […]
On September 25, 2025, nine European banks formed a consortium to develop a euro-backed stablecoin, set to launch in the second half of 2026. The consortium has created a new Netherlands-based company to issue the token. The central European banks forming the consortium include UniCredit (Italy), ING (Netherlands), DekaBank (Germany), Banca Sella (Italy), KBC Group (Belgium), Danske Bank (Denmark), SEB (Sweden), CaixaBank (Spain), and Raiffeisen Bank International (Austria). The goal is to challenge dollar dominance in stablecoins. The current stablecoin market is almost entirely dominated....
Per an EY-Parthenon survey, 54% of business leaders who have yet to touch stablecoins plan to do so by 2026. Why the change of heart? Lower transaction costs and faster cross-border payments are the main reasons organizations are turning to stablecoins. Since crypto wallets play a key role in enabling stablecoin transactions, choosing the right […]
Nine major European banks have formed a consortium to launch a MiCAR-compliant euro-based stablecoin in the second half of next year. ING, UniCredit, & Other European Banks Are Coming Together For Stablecoin As announced in a press release by Italian banking giant UniCredit, the bank is joining forces with eight other major European institutions to launch […]
Popular NFT market OpenSea is set to launch its highly anticipated native token SEA by Q1 2026, following a recent statement by its CEO Devin Finzer. Notably, the proposed cryptocurrency is designed as a key part of OpenSea’s transformation to a one-stop shop for any blockchain-related trading activity. Related Reading: Florida’s Crypto Bill Gets A […]