USDCx on Aleo deposits and withdrawals now available!

56 min ago1 min read

USDCx on Aleo deposits and withdrawals now available!

Funding

We’re pleased to announce that Kraken now supports deposits and withdrawals of USDT0 on the Stellar network. USDCx funding via Aleo is now live.


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

Deposit USDCx via Aleo on Kraken

USDCx

USDCx on @AleoHQ is a private, programmable, dollar-denominated stablecoin on the Aleo network, fully backed 1:1 by USDC held in Circle xReserve.

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

Get started with Kraken

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.

The post appeared first on Kraken Blog.

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