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XDC Network expands exchange reach with Kraken USDC listing at record low fee

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Gulf News
2026/04/03 - 11:07 502 مشاهدة
DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / Corporate NewsXDC Network expands exchange reach with Kraken USDC listing at record low fee$0.25 withdrawal fee signals broader shift to cost-efficient stablecoin across exchanges Kraken, one of the world’s longest-standing and most secure crypto platforms globally, has integrated USDC on the XDC Network with a $0.25 withdrawal fee, the lowest on the platform, adding to a growing list of major exchanges pointing to XDC as a dedicated settlement layer for stablecoin movement. With users across 190 countries, Kraken's integration of USDC on XDC arrives as low-cost stablecoin transfers become a competitive necessity, not a perk, for exchanges serving traders, arbitrageurs, and cross-border users The on-chain activity speaks clearly. USDC holders on XDC Network have doubled year-to-date, growing 10 per cent week-on-week with no signs of slowing. This is not a spike driven by hype or short-term speculation. It is a steady, compounding climb that points to something more durable, users are actively choosing XDC as their preferred home for USDC, and they are using it the way stablecoins were always meant to be used, settling trades, doing cross border payments across borders, and bypassing the friction of traditional banking rails. XDC's expanding exchange footprint now counts Kraken among its ranks, following integrations with Bybit and MEXC. Since inception, USDC on XDC has facilitated over $12 billion in transfers, with nearly $500 million moved in the last month alone. With 10 million daily USDC mints on the network and a retention rate of nearly 90 per cent, the data points to one conclusion that the new money is coming to XDC and staying there. "Every major exchange listing validates what the on-chain data already shows: capital is migrating to XDC and volume is building. Kraken going live is a significant milestone, but it is one of several announcements we will be making in the weeks ahead. The momentum is real and the best is still to come." says Jeremy Noori, Head of Structured Products, XDC Network. High gas fees and network congestion on legacy blockchains have long been a cost burden for traders and institutions moving large volumes between venues. Kraken's listing on XDC sets the withdrawal fee at just $0.25, the lowest on the platform, offering one of the most cost-efficient stablecoin settlement paths available on a major exchange today. Originally built to modernize global trade finance, XDC Network has steadily grown into a faster and cheaper alternative to older, more expensive blockchains. Its speed and low costs have caught the attention of major exchanges, and Kraken's integration is the latest sign that XDC is moving well beyond its enterprise roots. The cost advantage of moving USDC on XDC, previously the domain of institutional desks, is now accessible to anyone on one of the world's most widely used exchanges. As capital continues to flow toward faster and cheaper networks, XDC's expanding exchange presence puts it squarely in the conversation. Stablecoins are no longer a crypto-native tool. They are fast becoming the backbone of global value transfer, from retail payments to institutional settlement. As adoption accelerates and regulatory clarity improves worldwide, the demand for blockchains that can handle stablecoin transactions at speed and scale will only grow. XDC's integration with Kraken positions the network at the center of that future. USDC deposits and withdrawals on XDC Network are live on Kraken effective immediately. Dubai RTA opens door for new vehicle testing centres Alaan Sawa pledges Dh3M to support UAE SMEs bills NOOR expands digital footprint in African markets Jazeera resumes Dubai flights, restores India network
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