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Stablecoins supported on Kraken

What is a stablecoin?

A stablecoin is a type of cryptocurrency programmed to track the value of another asset like a government cash currency, such as USD. A stablecoin’s value is pegged to cash currencies, for example, the stablecoin Tether (USDT) is the equivalent of 1 USD and should maintain this peg.
To learn more about stablecoins, check out our Learn Center article: What are Stablecoins?
Which stablecoins does Kraken support?
What networks does Kraken support DAI, EURT, TUSDC, USDC and USDT on?
You can only deposit and withdraw stablecoins using the networks supported on Kraken.
Stablecoin deposits and withdrawals are available on following networks:
Supported Network(s)
Dai (DAI)
Arbitrum One, Ethereum and Polygon
Tether (USDT)
Arbitrum One, Ethereum, Polygon, Solana and Tron
Tether EURt (EURT)
Arbitrum One*, Ethereum, Optimism*, Polygon*, Solana and Tron
When depositing crypto to Kraken ensure the network you are using to send your crypto through and the network selected when generating a deposit address on Kraken match. If these do not match it will result in a loss of funds.
Similarly for withdrawals, ensure that the network you select for your withdrawal matches the network associated with the address you are withdrawing to.
There are different processing times, fees and minimums depending on which network you choose to deposit or withdraw your stablecoin on.
Review the relevant articles below to compare the different networks:
What can I do with stablecoins on Kraken?
You can buy stablecoins using our instant buy features and exchange them for other cryptocurrencies available on Kraken. If you already have stablecoins you can deposit them to your Kraken account using our website or one of our mobile apps.