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 reside. You possibly can switch USDC to your Kraken account by navigating to Funding, deciding on USDC and selecting the specified deposit methodology (community) from the drop-down field: Sonic.
Ensure to deposit your tokens into networks supported by Kraken. Deposits made utilizing different networks will likely be misplaced.
Right here’s some extra details about these property:
USDC (USDC)
USDC gives a digital bridge between the normal and decentralized monetary ecosystems. USDC goals to supply the soundness of the U.S. greenback with the pace and accessibility of digital forex. Like a trusted forex 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 charges, Sonic gives a streamlined basis for scalable, next-generation decentralized purposes.
Please observe:
- Buying and selling through Kraken App and Immediate Purchase will likely 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 might 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 may be discovered right here, and all future tokens will likely be introduced on our Listings Roadmap and social media profiles. Our consumer engagement specialists can not reply any questions on which property we could also be making accessible sooner or later.
