Kraken Enables USDC Deposits and Withdrawals on the Arc Network
Correction：Classification and topic tags were corrected under the website section rules; the body and review decision remain unchanged.
Kraken announced support for USDC deposits and withdrawals through the Arc network; the Arc mainnet launched on September 16, 2026.
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Key points
Funding We’re pleased to announce that Kraken now supports deposits and withdrawals of USDC on Arc. USDC funding via Arc is now live. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Deposit USDC via Arc on Kraken About Arc Arc is an open, EVM compatible Layer 1 platform built for financial markets, real-time money movement, and agentic economic activity. It is designed as a settlement foundation for core financial workflows inc
AI-assisted interpretation
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No additional explanation is available beyond the summary.
Why it matters to readers
The information comes from an official Kraken announcement and explicitly states that USDC deposits and withdrawals on the Arc network are live, making it a directly verifiable platform feature update. The support adds a deposit and withdrawal channel for USDC on the new network, but the announcement provides no funding scale, usage, or market response, so its overall impact is limited.
Watch for subsequent official information and do not make decisions based on a single report.
Risks and unknowns
- When the Kraken App and Instant Buy will meet liquidity requirements and become available
- Changes in USDC deposit and withdrawal volume and active addresses on the Arc network
- Whether Kraken suspends the service or changes regional restrictions
- The operating stability of the Arc mainnet and any security incidents
Related Developments
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