Categories: News

Kraken adds support for USD Coin (USDC)

Kraken now lets tradeUSD Coin (USDC), the stable cryptocurrency of Circle and Coinbase, on its service.

The American cryptocurrency market Kraken announced support for digital asset USD Coin. After Tether (USDT) and Dai (DAI), this is the 3rd stablecoin supported on the platform.

"We are pleased to announce that theUSD Coin (USDC) will be listed on Kraken from January 8, "the company wrote.

Issued in 2018 by the consortium Center of Circle and Coinbase, the stable part is leaned during the American dollar and allows traders to protect themselves from fluctuations in the cryptocurrency market.

Adding theUSDC on Kraken moreover following the takeover of the OTC trading office Circle by the crypto-exchange last month.

Initially, users can tradeUSDC against Bitcoin, Ethereum, USDT, Euro and Dollar.

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