Kraken Adds Support for USDC Stablecoin
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7 January
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Cryptocurrency exchange Kraken has announced it will add support for the second-biggest stablecoin in the world USD Coin (USDC) starting January 8.

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According to the official press release, the exchange will open deposits and withdrawals for USDC at approximately 14:30 UTC on January 8.

The first trading operations will reportedly start shortly "after funding is enabled."

Kraken will support a newly-introduced stablecoin with the following pairs: XBT/USDC, ETH/USDC, USDC/EUR, USDC/USD, USDC/USDT.

Kraken Adds Support for USDC Stablecoin

USDC is a U.S. dollar-pegged stablecoin based on Ethereum’s ERC-20 protocol.

Earlier iHodl reported that Kraken acquired Circle's OVC desk in order to focus on its stablecoin USD Coin.

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