TLDR:

Kraken and Circle team up to expand access to USDC and EURC across global markets, boosting stablecoin adoption worldwide.
The partnership offers reduced conversion costs and increased liquidity for traders using Kraken’s platform.
Circle’s fully reserved euro stablecoin EURC will now be available for deployment on Kraken’s exchange.
Regulatory clarity and rising demand for stablecoins have pushed Kraken to deepen support for Circle-issued products.

Big moves are coming to the stablecoin market. Kraken has lately teamed up with Circle to expand access to USDC and EURC across its platform. The deal promises better liquidity, cheaper conversions, and a smoother path for traders looking to deploy stablecoins. 

Demand for stablecoin trading is still growing, and this partnership looks set to accelerate that trend. The collaboration aims to make stablecoins easier to use across global markets.

Kraken confirmed the news in a post on X and a detailed blog update. The exchange called Circle a market leader in the stablecoin space and said the move will help build a stronger foundation for onchain financial applications. 

The partnership builds on Kraken’s long history of supporting stablecoin liquidity, which it says has surged since 2017.

Kraken Expands USDC, EURC Access

Under the agreement, Kraken users will see improved liquidity across USDC trading pairs and lower conversion fees. 

The exchange will also support Circle’s EURC, opening the door for euro-backed transactions. Kraken’s team stated that these changes reflect rising global demand for stablecoin-based trading and payments.

Mark Greenberg, Kraken’s Global Head of Consumer Business, described stablecoins as the most natural layer of crypto’s financial system. 

He said the focus is on embedding new opportunities into tools that Kraken users already trust. This aligns with the platform’s effort to meet growing demand for onchain financial services.

Circle’s Chief Commercial Officer Kash Razzaghi said the company is building the largest stablecoin network in the world. Working with Kraken, he said, helps expand that network to millions of traders. 

The collaboration will allow traders to benefit from faster, cheaper, and more reliable conversions when moving funds on and off-chain.

Kraken reported that its stablecoin market share has climbed as regulatory clarity improves. The exchange added that the growth has encouraged more users to rely on stablecoins as a key trading instrument.

We’re excited to announce our partnership with @Circle.

Together, we’re expanding access to @USDC and EURC, strengthening stablecoin infrastructure, and reducing conversion costs for clients. https://t.co/qq4Ku4hlVr

— Kraken (@krakenfx) September 17, 2025

Stablecoin Liquidity and Lower Fees

Kraken said the partnership is designed to make trading more efficient for clients. 

The goal is to help traders avoid unnecessary conversion costs and unlock more ways to use stablecoins in their portfolios. With Circle’s infrastructure backing, Kraken aims to improve speed and reliability for settlements.

The launch of EURC support gives European traders another fully reserved option. The move could attract more euro-denominated transactions to the platform and widen its user base. 

Stablecoin demand continues to rise globally, and this integration arrives at a time when more traders are looking for trusted solutions.

Kraken added that stablecoins remain one of the most used assets on its platform. This partnership represents a further step toward scaling that demand with better infrastructure and support.

The post Kraken Links Up With Circle to Boost USDC, EURC Liquidity and Cut Conversion Costs appeared first on Blockonomi.

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Filed under: Bitcoin - @ September 18, 2025 1:26 pm