We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin (USDC) on Sonic!
Funding
USDC funding through Sonic is already dwell. You’ll be able to switch USDC to your Kraken account by navigating to Funding, choosing USDC and selecting the specified deposit methodology (community) from the drop-down field: Sonic.
Make certain to deposit your tokens into networks supported by Kraken. Deposits made utilizing different networks might be misplaced.
Right here’s some extra details about these property:
USDC (USDC)
USDC presents a digital bridge between the standard and decentralized monetary ecosystems. USDC goals to supply the steadiness of the U.S. greenback with the pace and accessibility of digital foreign money. Like a trusted foreign money alternate sales space within the digital realm, USDC goals to offer a one-to-one conversion between conventional and digital {dollars}.
Sonic (S)
Sonic is a high-speed, EVM-compatible, Layer 1 blockchain designed to ship quick, safe and decentralized efficiency. Because the evolution of Fantom, Sonic goals to resolve the blockchain trilemma with sub-second finality and excessive throughput. With built-in Ethereum interoperability and a flexible native token (S) used for staking, governance and costs, Sonic presents a streamlined basis for scalable, next-generation decentralized purposes.
Please notice:
- Buying and selling through Kraken App and On the spot Purchase might be accessible as soon as the liquidity circumstances are met (when a ample variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).
- Geographic restrictions could apply
Will Kraken make extra property accessible?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s accessible tokens will be discovered right here, and all future tokens might be introduced on our Listings Roadmap and social media profiles. Our shopper engagement specialists can’t reply any questions on which property we could also be making accessible sooner or later.