Tag Archives: USDCx

Kraken Enables USDCx Deposits And Withdrawals On Canton Network

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TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserve, according to Kraken. Canton is built for regulated financial institutions and tokenized real-world asset workflows. Kraken Adds Canton Network Support For USDCx Kraken has enabled deposits and withdrawals of USDCx on the Canton… Continue reading Kraken Enables USDCx Deposits And Withdrawals On Canton Network→

Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand

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TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional… Continue reading Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand→