Kraken opens USDCx deposits and withdrawals on Canton, with more Canton-native assets to follow
blog.kraken •
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Promote with Leviathan NewsKraken made USDCx funding live on Canton, letting users deposit and withdraw the Canton-native stablecoin through the exchange. USDCx is backed by USDC held in Circle xReserve, with USDC deposits into xReserve on Ethereum minting equivalent USDCx on Canton. This is Kraken's first step into broader Canton support; app and Instant Buy trading still wait on liquidity conditions, and geographic restrictions apply.
TLDR by @Benthic
More coverage
- Depositing and withdrawing funds from the Kraken app (support.kraken.com)
- USDC deposits and withdrawals now available on Optimism! (blog.kraken.com)
- USDC deposits and withdrawals now available on Sonic! (blog.kraken.com)
- [PDF] How to stop the 72 hour hold on Kraken? [Help Desk ] (fedbar.org)
- Cryptocurrency withdrawal fees and minimums - Kraken Support (support.kraken.com)
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