Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now helps USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 community constructed for regulated monetary establishments and tokenized real-world property. The transfer provides one other change connection to…
