Kraken now supports USDC deposits and withdrawals on Stellar. USDC on Stellar is natively issued by Circle, offering a fully reserved digital dollar on a network built for fast, low-cost payments.
Kraken has launched support for USDC deposits and withdrawals on the Stellar network. USDC on Stellar is natively issued by Circle, not bridged, providing a fully reserved digital dollar backed 1:1 by US dollar reserves. Stellar's five-second settlement times and minimal fees make it ideal for stablecoin transfers at scale. Trading and instant buy functionality will become available once sufficient liquidity conditions are met. This integration expands access to USDC on a payment-focused blockchain for Kraken users globally, subject to geographic restrictions.