Kraken has announced a strategic partnership with Circle to enhance access to USD Coin (USDC) and introduce support for Circle's euro-backed stablecoin, EURC. This collaboration is set to provide Kraken's clients with increased liquidity, lower conversion fees, and expanded stablecoin deployment options across its financial services.
Circle, the issuer of USDC and EURC, positions these stablecoins as fully reserved and regulated alternatives to traditional banking. The partnership reflects a growing industry trend of integrating stablecoins into payment and settlement systems. Kraken plans to unveil further product details in the coming months.
Kraken and Circle Collaborate to Boost USDC and EURC Access
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