KEY TAKEAWAYS
- Kraken has launched trading for USD1, a fiat-backed stablecoin, enhancing its asset offerings.
- USD1 maintains a 1:1 peg with the U.S. dollar, providing stability in the volatile crypto market.
- Users must ensure deposits are made through supported networks to avoid potential fund loss.
- Kraken will enable trading via its app and Instant Buy feature once liquidity conditions are met.
Kraken, a prominent cryptocurrency exchange, has announced that USD1, a fiat-backed stablecoin, is now available for trading on its platform. The trading of USD1 went live on August 30, 2025, marking a significant addition to Kraken’s asset offerings.
USD1 is designed to maintain a 1:1 peg with the U.S. dollar, as stated by World Liberty Financial. This stablecoin aims to provide users with a reliable digital asset that mirrors the value of the U.S. dollar, offering stability in the volatile cryptocurrency market.
To trade USD1 on Kraken, users need to navigate to the Funding section of their account, select USD1, and proceed with the deposit. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits through unsupported networks may result in loss of funds.
Trading Conditions and Future Listings
Kraken has noted that trading via its app and Instant Buy feature will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must be present in the market for efficient order matching. Additionally, geographic restrictions may apply to USD1 trading.
Regarding future asset listings, Kraken maintains a policy of confidentiality until shortly before launch. The exchange does not disclose which assets are under consideration until they are ready to be listed. All available tokens and future listings will be announced on Kraken’s Listings Roadmap and social media channels.
For more information about the USD1 listing, visit the official announcement here.
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