USDC deposits and withdrawals now available on Sonic!
2025-07-04 10:44:38
Main Idea
Kraken has enabled USD Coin (USDC) deposits via the Sonic network, a high-speed, EVM-compatible Layer 1 blockchain, and provides details on its features and availability.
Key Points
1. USDC funding via Sonic is now live on Kraken, allowing users to transfer USDC by selecting the Sonic network in the deposit method.
2. USDC serves as a digital bridge for stable value transfer, likened to a trusted currency exchange in the digital realm.
3. Sonic is a high-speed, EVM-compatible Layer 1 blockchain designed for fast, secure, and decentralized performance, evolving from Fantom to solve the blockchain trilemma.
4. Geographic restrictions may apply for certain assets on Kraken.
5. Kraken is expanding margin pairs for tokens like RENDER, RUNE, MEW, TURBO, TON, and GALA, and enhancing its Kraken+ membership program.
Description
We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD Coin (USDC) on Sonic ! Funding USDC funding via Sonic is already live. You can transfer USDC to your Kraken account by navigating to Funding, selecting USDC and choosing the desired deposit method (network) from the drop-down box: Sonic . Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Here’s some more information about these ass...
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