USDCx deposits and withdrawals now available on Canton!

Funding

USDCx funding via Canton is now live. Deposit link below.

Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.

About Canton and USDCx

Canton

Canton Network is a privacy-enabled Layer 1 blockchain purpose-built for regulated financial institutions and tokenized real-world assets. Unlike public ledgers where all data is visible by default, Canton offers sub-transaction privacy — only the parties involved in a transaction see the relevant details — while still enabling atomic settlement across applications and selective disclosure to regulators and counterparties.

The network is structured as a “network of networks,” where independent financial applications and ledgers interoperate through a shared synchronization layer that preserves data confidentiality. CC is the native utility token, used to pay network fees and reward validators, super validators, and application builders. 

USDCx

USDCx is a Canton-native stablecoin, backed by USDC held in Circle xReserve. When a user deposits USDC into xReserve on Ethereum, an equivalent amount of USDCx is minted on Canton.

Note:Geographic restrictions may apply

Please note:  

• Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
• Geographic restrictions may apply

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.

Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.