{"id":5761,"date":"2025-12-11T15:16:43","date_gmt":"2025-12-11T15:16:43","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/12\/11\/klarna-partners-with-privy-to-explore-use-of-crypto-wallets\/"},"modified":"2025-12-11T15:16:43","modified_gmt":"2025-12-11T15:16:43","slug":"klarna-partners-with-privy-to-explore-use-of-crypto-wallets","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/12\/11\/klarna-partners-with-privy-to-explore-use-of-crypto-wallets\/","title":{"rendered":"Klarna Partners With Privy to Explore Use of Crypto Wallets"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/klarna-partners-with-privy\">Klarna Partners With Privy to Explore Use of Crypto Wallets<\/a><\/p>\n<div><\/div>\n<p>Just weeks after announcing a stablecoin, Swedish fintech giant Klarna is taking another step into crypto. The company has teamed up with Privy, a <a href=\"https:\/\/bitcoinmagazine.com\/news\/stripe-acquires-startup-privy-to-expand-bitcoin-strategy\">wallet infrastructure platform owned by Stripe<\/a>, to explore digital asset solutions for its users.<\/p>\n<p>The partnership will focus on research and development of crypto wallet features, the company <a href=\"https:\/\/www.klarna.com\/international\/press\/klarna-partners-with-privy-to-develop-simple-secure-crypto-wallet-for-the\/\" target=\"_blank\">said<\/a>. The two aim to make it easier for everyday users to store, use, and send digital assets. The move builds on the company\u2019s recent <a href=\"https:\/\/www.klarna.com\/international\/press\/klarna-launches-klarnausd-as-stablecoin-transactions-hit-usd27-trillion\/\" target=\"_blank\">launch<\/a> of KlarnaUSD, a U.S. dollar-backed stablecoin issued on the Tempo blockchain.<\/p>\n<p>\u201cMillions already trust Klarna to manage everyday spending, saving, and shopping,\u201d said Sebastian Siemiatkowski, CEO and co-founder. \u201cThat puts us in a unique position to bring crypto into the financial lives of normal people, not just early adopters. With Privy, we plan to build products that feel as intuitive as any other Klarna feature.\u201d<\/p>\n<p>KlarnaUSD was launched with Tempo and Bridge, a Stripe-backed stablecoin infrastructure provider.\u00a0<\/p>\n<p>The token is live on Tempo\u2019s testnet and expected to launch on mainnet in 2026. The fintech giant said the stablecoin could reduce global cross-border payment costs, currently estimated at $120 billion annually.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: Fintech giant Klarna to develop <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Bitcoin<\/a> and crypto wallet features within its financial products.<\/p>\n<p>Bullish  <a href=\"https:\/\/t.co\/UChKCUyOzZ\">pic.twitter.com\/UChKCUyOzZ<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1999127908661539035?ref_src=twsrc%5Etfw\" target=\"_blank\">December 11, 2025<\/a>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\">100 million accounts coming to crypto via Klarna<\/h2>\n<p>Privy powers over 100 million accounts for more than 1,500 developers. The platform supports crypto-native applications like OpenSea and Hyperliquid.\u00a0<\/p>\n<p>Henri Stern, CEO and co-founder of Privy, said the partnership will allow users to hold a wide variety of digital assets, trade safely, and transact with friends anywhere in the world.<\/p>\n<p>\u201cWe\u2019re proud to partner with world-class fintechs like Klarna, providing the secure, enterprise-ready infrastructure they need,\u201d Stern said. \u201cPrivy aims to be the backbone for any business that wants to harness the exciting capabilities crypto and stablecoins offer.\u201d<\/p>\n<p>The initiative reflects a growing trend. Traditional fintechs are now testing ways to integrate crypto tools into everyday consumer finance. The company said any future wallet or crypto product would require the necessary regulatory approvals before launch.<\/p>\n<p>Venture capital firm a16z <a href=\"https:\/\/a16zcrypto.com\/posts\/article\/state-of-crypto-report-2025\/\" target=\"_blank\">estimates<\/a> that 716 million people globally hold cryptocurrencies. Between 40 million and 70 million transact with crypto each month. That figure grows by roughly 10 million users a year.<\/p>\n<p>Klarna\u2019s push into crypto marks a sharp turn for the company. CEO Siemiatkowski was once a vocal skeptic of digital currencies.\u00a0<\/p>\n<p>He said the market\u2019s maturity and Klarna\u2019s global reach now justify this entry. Klarna serves 114 million customers and processes $112 billion in annual gross merchandise volume.<\/p>\n<p>The company plans to explore further crypto initiatives. A blog post on Thursday hinted at a new announcement \u201cin a week or so,\u201d suggesting more developments are coming soon.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/klarna-partners-with-privy\">Klarna Partners With Privy to Explore Use of Crypto Wallets<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Klarna Partners With Privy to Explore Use of Crypto Wallets Just weeks after announcing a stablecoin, Swedish fintech giant Klarna is taking another step into crypto. The company has teamed up with Privy, a wallet infrastructure platform owned by Stripe, to explore digital asset solutions for its users. The partnership will focus on [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5762,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5761","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5761"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5762"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}