Klarna announced a research partnership with Privy on December 11, 2025, aimed at developing wallet solutions for its crypto products, including the recently launched USD stablecoin. The collaboration seeks to make cryptocurrency more accessible to everyday users, building on Klarna’s existing financial services platform.

“Millions already trust Klarna to help them manage everyday spending,” said CEO Sebastian Siemiatkowski. The partnership leverages Privy’s infrastructure, which already powers over 100 million accounts, to potentially create an intuitive crypto wallet that could lower barriers to mainstream cryptocurrency adoption.

Read More: Klarna Partners With Stripe to Launch USD Stablecoin

• Who are the key partners? Klarna and Privy (a Stripe company).

• What is the goal of the partnership? Develop user-friendly crypto wallet solutions.

• How many consumers hold cryptocurrencies? An estimated 716 million worldwide.

• What is unique about this initiative? Aims to integrate crypto into everyday financial services.

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