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 […]
Sony Bank is planning a US stablecoin launch as early as fiscal year 2026, aiming to power low-fee payments for Sony games and anime. Sony Bank To Issue Stablecoin As New Payment Method For Games & Anime As reported by Nikkei Asia, Sony Bank could issue a stablecoin pegged to the US Dollar as early […]
A consortium of major European banks has formed Qivalis, a new entity in Amsterdam to launch a euro-pegged stablecoin in 2026. A Tenth Bank Has Now Joined The Euro Stablecoin Consortium Back in September, nine big European banks announced a consortium aimed at developing and launching a euro-based stablecoin, a digital asset that will have […]
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....
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 […]