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Kraken Exchange Added Stable USD Coin (USDC) Support
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The Kraken cryptocurrency exchange announced the start of support for the stable USDC coin. Bidding with a new asset will start today, January 8, the acceptance of deposits is already open.
Trading will be in pairs XBT / USDC, ETH / USDC, USDC / EUR, USDC / USD and USDC / USDT
Kraken is listing USD Coin (USDC) starting January 8.
In its message, the CENTER Consortium, which is the issuer of USDC, calls the asset “the fastest growing stablecoin” and recalls that in December it became the second stable coin with a capitalization of more than $ 500 million.
Since then, the USDC capitalization has somewhat decreased, which, however, did not prevent traders from exchanging the asset for fiat currencies for a total of about $ 1 billion.
It is noteworthy that the listing of USDC on Kraken occurred shortly after this asset was withdrawn from trading in several low-liquid pairs by Binance.
Kraken Exchange Added Stable USD Coin (USDC) Support
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