In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

Native USD Coin (USDC) on Arbitrum, Optimism and Polygon

Last updated: March 31, 2025

Kraken now supports deposits and withdrawals of Optimism, Polygon and Arbitrum’s native USD Coin (USDC).

Here is what you need to know:

  • The two versions of USDC currently being supported on Optimism, Polygon and Arbitrum are: USDC.e and native USDC.

  • Kraken will continue to support deposits and withdrawals of USDC.e until further notice.

  • Both USDC.e and USDC native can be deposited on the Optimism, Polygon and Arbitrum One networks.

  • USDC.e is currently not supported on the Avalanche C-Chain.

Should you have any questions our dedicated Support team is available to assist you.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions apply.

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