Klarna has partnered with Privy, a Stripe-backed company, to develop a crypto wallet.
TL;DR
Klarna partners with Stripe-backed Privy to develop a crypto wallet, integrating digital assets into its financial products for broader accessibility, building on its KlarnaUSD stablecoin.
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According to Foresight News , Swedish fintech giant Klarna has partnered with Privy, a Stripe-backed wallet infrastructure provider, to jointly design and test crypto wallet features designed to help everyday users store, use, and send digital assets. The project builds on KlarnaUSD, a USD-backed stablecoin launched in partnership with Stripe's Bridge platform. Klarna stated that it now aims to make cryptocurrencies more accessible by embedding them directly into its financial products, rather than offering them as standalone applications to cryptocurrency enthusiasts.