XDC today announced that 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 — placing it among the most competitive withdrawal options on the exchange. This adds 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% 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%, the data points to one conclusion that the new money is coming to XDC and staying there.
"XDC's expanding exchange footprint now counts Kraken among its ranks, following integrations with Bybit, MEXC and others. With USDC transfer volume on the network crossing $12 billion since inception, momentum across exchanges and tokenized-asset platforms is building rapidly," says Amitava Mandal, Director, XDC Tech US, Inc.
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.
About XDC Network
XDC Network is an open-source, EVM-compatible layer 1 blockchain built for payments, trade finance and real-world assets, offering high throughput, low fees and enterprise-grade security while being ISO 20022-compliant to support interoperability with global financial messaging and payment systems. XDC Network underpins a growing ecosystem of regulated digital money, trade, and settlement solutions across the globe. For more information, visit xdc.org.
About Kraken
Founded in 2011, Kraken is one of the world’s longest-standing and most secure crypto platforms globally. Kraken clients trade more than 600 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by millions of institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available. Kraken’s suite of products and services includes the Kraken App, Kraken Pro, the Kraken App, Kraken Institutional, Kraken’s on-chain offerings and the Ninja Trader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools. Kraken has set the industry standard for transparency and client trust, and it was the first crypto platform to conduct Proof of Reserves. It complies with regulations and laws applicable to its business, while actively protecting client privacy and maintaining the highest security standards. For more information, visit www.kraken.com.
Media Contact
Ashwini Shinde
ashwini@xinfin.org
