Klarna to Receive $2 Billion from Google and Join Open USD Consortium
KLAR•A Swedish court has ordered Google to pay Klarna $2 billion in an antitrust ruling, boosting Klarna’s cash reserves and strengthening its balance sheet. Klarna joins a consortium with Stripe, Visa and Mastercard to launch Open USD stablecoin later this year, potentially adding new fee revenue streams.
1. Swedish Court Orders $2 Billion Payout
A Swedish court has ruled that Google must pay Klarna $2 billion in an antitrust case, resolving claims that Google abused its market position against buy now, pay later providers. The July 2026 verdict injects significant liquidity into Klarna, reduces regulatory uncertainty and delivers a one-time boost to its balance sheet ahead of future growth initiatives.
2. Klarna Joins Open USD Stablecoin Consortium
Klarna has become a founding member of the Open USD stablecoin consortium alongside Stripe, Visa, Mastercard, Coinbase, BlackRock and others, with the coin scheduled to launch later this year. Participation offers Klarna strategic exposure to blockchain settlement networks and positions it to earn new transaction and custody fees, diversifying revenue beyond its core lending business.
