{"id":11027,"date":"2025-09-17T18:08:04","date_gmt":"2025-09-17T18:08:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kraken-and-circle-team-up-to-expand-usdc-and-eurc-access\/"},"modified":"2025-09-17T18:08:11","modified_gmt":"2025-09-17T18:08:11","slug":"kraken-and-circle-team-up-to-expand-usdc-and-eurc-access","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kraken-and-circle-team-up-to-expand-usdc-and-eurc-access\/","title":{"rendered":"Kraken and Circle team up to expand USDC and EURC access"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Kraken is joining forces with stablecoin giant Circle to accelerate the adoption of stablecoins across the global financial system.<\/p>\n<div id=\"cn-block-summary-block_0c49cd1acbf9220bb33ce127b2b08e5f\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Kraken has partnered with Circle to accelerate the adoption of USDC and EURC stablecoins.<\/li>\n<li>USDC is currently the second largest U.S. dollar denominated stablecoin.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Crypto exchange Kraken and Circle have partnered in a collaboration that will expand access to and utility of two Circle stablecoins: the U.S. dollar-denominated USDC and euro-pegged EURC.<\/p>\n<p>USDC is the second-largest U.S. dollar-pegged stablecoin, with about $73.5 billion in market capitalization. Tether\u2019s USDT is the largest by market share at more than $171 billion.<\/p>\n<p>Through this partnership, Kraken is set to deepen its support for the USDC token, with the exchange\u2019s clients gaining access to increased liquidity and utility across onchain financial applications. Beyond liquidity, customers will benefit from reduced conversion fees when using USDC (USDC) on Kraken. The exchange will also tap into new opportunities of deploying the stablecoin.\u00a0<\/p>\n<p>Kraken also plans to introduce EURC on its platform, bringing Circle\u2019s fully-reserved euro-denominated stablecoin to its users. The exchange\u2019s leadership <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.circle.com\/pressroom\/kraken-and-circle-partner-to-accelerate-global-access-and-utility-of-usdc-and-eurc\" target=\"_blank\" rel=\"nofollow\">shared<\/a> comments on what this partnership means.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cStablecoins are the financial layer most aligned with crypto\u2019s original architecture. Permissionless, programmable, and global by default,\u201d said Mark Greenberg, global head of Kraken\u2019s consumer business.\u00a0<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">USDC and EURC use across Kraken products<\/h2>\n<p>According to Greenberg, the expansion of support for Circle\u2019s stablecoins is not just about hitting milestones. It is about enabling crypto adoption via new opportunities with integration into products that \u201cclients already use and trust.\u201d<\/p>\n<p>Kraken\u2019s suite of products includes Kraken App, Kraken Pro, Kraken Institutional, and NinjaTrader, a retail trading platform. In addition to USDC, the exchange offers hundreds of other top cryptocurrencies to customers, with staking, custody, and derivatives among key services and solutions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe\u2019re focused on building the world\u2019s largest, most widely used stablecoin network, and partnering with leading platforms, like Kraken, to drive new opportunities for onchain finance,\u201d said Kash Razzaghi, chief commercial officer at Circle.<\/p>\n<\/blockquote>\n<p>The passage of GENIUS Act in the U.S. has buoyed issuers, with Circle one of the companies to target dominance. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kraken is joining forces with stablecoin giant Circle to accelerate the adoption of stablecoins across the global financial system. Summary Kraken has partnered with Circle to accelerate the adoption of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11027"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11027\/revisions"}],"predecessor-version":[{"id":11029,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11027\/revisions\/11029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11028"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}