Circle reports 30% USDC custody growth on Kraken, nearly 1B EURC traded
- —USDC assets under custody on Kraken rose 30% since September 2025
- —Nearly 1 billion EURC has traded on Kraken since listing
- —$350 million in USDC was deposited into Kraken's DeFi Earn vaults
- —The partnership covers funding, trading, wallet infrastructure and onchain access
Why it matters: The growth shows how exchanges are embedding Circle's stablecoins into trading and DeFi products, intensifying competition for dollar- and euro-denominated settlement.
Source: crypto.news