Key Notes
The partnership enables Kraken clients to access enhanced liquidity and lower conversion costs for stablecoin transactions.
Circle's USDC maintains its position as the world's second-largest USD stablecoin with $68 billion market capitalization.
EURC demonstrates steady growth potential despite its smaller $238.71 million market cap compared to other stablecoins.
Kraken and Circle have announced a partnership that promises to expand “access to a powerful suite of stablecoin infrastructure” on the platform, deepening support for the dollar stablecoin, USDC, and adding support for the euro stablecoin, EURC.
According to the announcement published by Circle on Sept. 17, Kraken clients will gain access to increased liquidity, reduced conversion fees, and new opportunities to