Klarna, the Sweden-based digital bank known for its "buy now, pay later" offering, said Tuesday that it will debut a U.S. dollar stablecoin, becoming the latest global fintech tapping blockchain rails to power global transfers. Dubbed KlarnaUSD, the token is set to go live on Tempo, a blockchain developed by Stripe and Paradigm specifically for payment use cases. The token will be issued through Bridge, Stripe’s stablecoin infrastructure product, and is currently in test mode. A full public rollout is pla ...

Garage startups are the lifeblood of Solanamattytay (@mattytay):One garage startup like @Pumpfun advanced blockspace utilization, revenue growth, onchain user growth, etc. more than every enterprise blockchain project combined.Something to consider when deciding where to allocate resources within a new crypto ecosystem. ...

RT Gareth Jenkinson (@gazza_jenks)So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots?Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked @saifedean this very question.His answer might surprise you... 👀👇"If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time.""To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they w ...

Financial Data and Key Metrics Changes - Total revenue for the third quarter grew by 5.1% year-over-year to RMB 1.55 billion, primarily driven by a 70% increase in the financial services segment [14][15] - Net income for the third quarter was RMB 318 million, translating to RMB 3.65 per ADR share or $0.51 per ADR share, representing a 12% decline from the previous quarter [21][22] - The net margin slightly decreased from 22% in the prior quarter to 20% [22] Business Line Data and Key Metrics Changes - In the financial services segment, loan origination reached RMB 20.2 billion, up 51% year-over-year, with repeat borrowers accounting for 77% of total loan volume [5][15] - The average size of new loans increased by 44% to RMB 10,100, reflecting a shift towards higher credit quality customer segments [6][15] - The insurance brokerage segment reported gross return premiums of RMB 1.15 billion, a 35% increase quarter-over-quarter, while revenue from this segment was RMB 84.2 million, up 45% from the prior quarter [11][18] Market Data and Key Metrics Changes - The total cumulative borrower base increased by 21% year-over-year to 14 million, despite a decrease in total borrowers by 11% to 1.3 million due to tighter credit policies [5] - The Internet insurance business delivered RMB 196 million in annualized premium, representing 204% quarter-over-quarter growth, with total customer numbers rising 93% quarter-over-quarter to 229,353 [11][18] Company Strategy and Development Direction - The company is focused on disciplined execution and positioning itself for the next generation of fintech through AI and blockchain technologies [4][12] - The agentic AI platform, Magicube, is enhancing process efficiency and driving productivity, which is crucial for offsetting margin pressures [5][12] - The company is exploring new ways to serve customers and manage assets through AI and blockchain-enabled solutions, including a partnership with ChainUp for crypto solutions [12] Management's Comments on Operating Environment and Future Outlook - Management noted a challenging operating environment due to heightened regulatory uncertainty and a cautious credit backdrop, but emphasized effective risk management and asset quality protection [4][22] - The company anticipates continued volatility in the credit and regulatory risk environment but remains cautiously optimistic about future growth, particularly in international and Internet insurance segments [22][23] Other Important Information - The company has been included in the whitelist of nearly 30 compliant funding partners under the new regulatory framework, enhancing its market position [8] - The average monthly labor cost savings from AI-driven collection capabilities increased to RMB 5 million, up from RMB 2.7 million in the previous quarter [10] Q&A Session Summary - No questions were recorded during the Q&A session as the conference concluded without any inquiries from analysts or participants [24][25]

RT Blockchain for Good Alliance (BGA) (@ChainforGood)Helen Liu, Co-CEO of @Bybit_Official and Founder of @ChainforGood, delivered a powerful keynote on why blockchain's future is about solving real problems, not just speculation 🌍Key milestones shared:🔹 400+ projects supported across 70 countries🔹 600+ active partners working monthly🔹 Joint funds with @UNDP, @MasverseHub, @hetu_protocol, @Aura_Sci"People can use blockchain to scam others, but they can also do good things to help people through blockchain. T ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Buy now, pay later company Klarna Group announced Tuesday that it is testing its own stablecoin, and plans to launch it publicly next year. The London-based BNPL is exploring internal use cases for the digital asset, which it has dubbed KlarnaUSD, a Tuesday news release said. “Crypto is finally at a stage where it is fast, low cost, secure and buil ...

RT harshbajpai (@bajpaiharsh244)Right now, we are doing the world’s biggest privacy hackathon online!More than 1000 people are already in with more than $300000+ to be won with world class judges and mentors.We have tracks that are spanning multiple blockchains and ecosystem.This is your time to build the machinery of freedom. You literally can’t find a better opportunity to build your dream privacy project. ...

Starknet is the best place for consumer apps, giving builders everything they need to fully hide blockchain complexity.And the next proof is coming: Everyday App.They're bringing habit tracking onchain, and a way to turn your daily discipline into something you earn from.Everyday (@everydaydotapp):Three months of building, and now a grant to push the mission forward.Mainnet on @Starknet up next. https://t.co/3X58he0JY8 ...

Telegram Founder Durov: Using Technology to Protect Our Digital Rights and FreedomOn October 30, at the Blockchain Life 2025 summit in Dubai, Telegram founder Pavel Durov stated that users are losing their digital freedom, with private information at risk of being misused by third parties — even in traditionally free countries where privacy and free speech are being restricted. He proposed a solution: building "decentralized AI" that belongs to the people，not to corporations or governments. Telegram is deve ...

Future Trends in Investment - AI agents will simulate millions of portfolios across various asset classes (equities, bonds, real estate, private markets, commodities, alternatives) to recommend personalized investment strategies [1] - Investment execution will occur instantly on Solana, with automated portfolio rebalancing based on pre-defined rules [1] - Users will have simplified access to diverse financial instruments without needing extensive knowledge of blockchain technology [1] Solana Ecosystem Expansion - Solana is positioned to become a comprehensive platform integrating various assets, including BTC, ETH, HYPE, MON, GOLD, and stocks [2] - The industry anticipates a future where Solana serves as a central hub for diverse financial activities [2]