Why is Klarna launching a stablecoin?

[etfs]

Cross-border payments currently cost the world $120 billion annually. Klarna aims to reduce these fees, speed up settlement, and improve cash flow for merchants using its BNPL and checkout services.

[The_Walking_Dead]

$120B problem—Klarna wants to fix it.

[Revenant]

Cross-border with stablecoins just makes sense.

[Capybara_Capybara]

Merchants will love faster settlement.

[Nahid Hossen]

Klarna wants faster, cheaper settlement solutions for users.