Summary
- Circle and Kraken announced they have entered into a strategic partnership to expand the use of USDC and EURC.
- They said that through this cooperation, Kraken plans to boost liquidity provision for the two stablecoins and accelerate the development of new financial applications.
- Kraken said users can enjoy benefits such as reduced USDC trading fees, enhanced liquidity, and EURC payment support.
On the 17th (local time), according to crypto-focused media Blockworks, stablecoin issuer Circle has entered into a strategic partnership with crypto exchange Kraken to expand the use of USDC and EURC.
Under this cooperation, Kraken plans to increase liquidity provision and the usability of the two stablecoins and accelerate the development of new financial applications.
Kraken users will enjoy reduced USDC trading fees and enhanced liquidity, as well as various usage opportunities such as DeFi and payments. In addition, EURC payment support will also begin.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![[Market] Bitcoin steadies after 'wash shock'…reclaims the $79,000 level](https://media.bloomingbit.io/PROD/news/2d67445a-aa24-46b9-a72d-5d98b73b6aec.webp?w=250)
![[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[New York Stock Market Briefing] Rebound on bargain hunting in blue chips…Apple jumps 4%](https://media.bloomingbit.io/PROD/news/3710ded9-1248-489c-ae01-8ba047cfb9a2.webp?w=250)