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Kraken Adds Support for Circle’s USDC and EURC Stablecoins to Increase Liquidity
Kraken, a global cryptocurrency exchange, has partnered with an affiliate of Circle Internet Group, Inc. to expand access to USDC and EURC on its platform. The partnership aims to support the development of onchain financial applications. Kraken has been a provider of stablecoin liquidity since 2017. The collaboration with Circle is intended to increase liquidity, lower conversion fees, and provide access to Circle’s euro-denominated stablecoin, EURC. The company said demand for stablecoins on its platform has grown steadily. Regulatory clarity in several jurisdictions and rising confidence in the market have ... (full story)