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22h ago

Kraken Partners With Circle to Expand USDC Access and Add Euro Stablecoin EURC

The rollout emphasizes lower conversion costs with increased liquidity for stablecoin users.

Kraken
Circle and kraken ignite stablecoin shakeup with game changing partnership
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Overview

  • Kraken will deepen support for USDC, providing greater liquidity and utility in on-chain applications.
  • Customers will face reduced conversion fees when using USDC on the exchange.
  • Circle’s fully reserved euro-pegged EURC will be introduced to offer a euro-denominated stablecoin option.
  • Integration will span Kraken App, Kraken Pro, Kraken Institutional, and the retail trading platform NinjaTrader.
  • Circle and Kraken position the move as building stablecoin infrastructure in a market where USDC ranks second to USDT and recent U.S. legislation has been supportive.