KEY TAKEAWAYS
- Kraken partners with Circle to enhance the utility of USDC and introduce EURC on its platform.
- The collaboration aims to boost stablecoin liquidity and reduce conversion fees for Kraken users.
- Kraken’s strategic move aligns with the growing demand for stablecoins and regulatory clarity.
- Circle’s network expansion through Kraken will extend stablecoin benefits to a broader user base.
Kraken, a prominent cryptocurrency platform, has announced a strategic partnership with an affiliate of Circle Internet Group, Inc., a leader in the stablecoin market. The collaboration aims to expand the access and utility of Circle’s USDC and EURC stablecoins on the Kraken platform, as detailed here.
Kraken has been a leading provider of stablecoin liquidity, known for its extensive stablecoin markets. This partnership with Circle is set to deepen Kraken’s support for USDC and introduce EURC, Circle’s euro-denominated stablecoin, to its offerings. The collaboration is designed to accelerate the growth of stablecoins as a core component of the emerging internet financial system.
As part of this initiative, Kraken clients will benefit from increased liquidity, reduced conversion fees, and new opportunities to utilize USDC across Kraken’s applications. The introduction of EURC will further enhance the platform’s stablecoin infrastructure.
Since the introduction of stablecoins in 2017, Kraken has experienced consistent growth in demand, driven by improved regulatory clarity and increased confidence in stablecoins. Mark Greenberg, Global Head of Kraken’s Consumer Business, emphasized the alignment of stablecoins with crypto’s original architecture, highlighting the partnership’s potential to embed new opportunities for Kraken’s clients.
Kash Razzaghi, Chief Commercial Officer at Circle, noted the partnership’s role in expanding the reach of Circle’s stablecoin network, aiming to extend the benefits of stablecoins to Kraken’s extensive user base. Further details on the expanded products and opportunities for Kraken clients will be released in the coming months.
Why This Matters: Impact, Industry Trends & Expert Insights
The partnership between Kraken and Circle aims to enhance the accessibility and utility of USDC and EURC stablecoins, potentially transforming the stablecoin landscape on Kraken’s platform.
Recent industry reports indicate that stablecoin demand is exhibiting strong growth in 2025, with transaction volumes hitting record highs. This aligns with the news event as Kraken’s collaboration with Circle is poised to leverage this growing demand by expanding stablecoin offerings and liquidity.
Expert opinions in September 2025 indicate that the partnership between Kraken and Circle is viewed positively for accelerating stablecoin adoption and enhancing institutional cryptocurrency infrastructure. This supports the news event’s significance as it highlights the strategic synergy between Kraken’s market presence and Circle’s stablecoin capabilities. Flagship Advisory Partners
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