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Circle Reports Growth in USDC and EURC Usage on Kraken Exchange

Circle's stablecoins USDC and EURC are seeing increased adoption on Kraken across trading, funding, and DeFi applications.

Circle's stablecoins USDC and EURC are seeing increased adoption on Kraken across trading, funding, and DeFi applications. USDC (USDC) is trading at $0.9992. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Fri, 30 Oct 2026 04:00:06 UTC.

Why it matters

The expansion of USDC and EURC usage on Kraken highlights the growing integration of stablecoins into traditional crypto exchange services and DeFi, potentially increasing their utility and adoption.

Key takeaways
  • USDC and EURC activity on Kraken has grown across trading, funding, and DeFi.
  • USDC's circulating supply stands at $71.35B, according to DeFiLlama.
  • EURC, despite smaller market cap, shows steady 24h price growth.

Circle's stablecoins USDC and EURC are experiencing growth on the Kraken exchange, according to new data shared by Circle. The usage spans across trading, funding, and decentralized finance (DeFi) applications.

USDC, the second-largest stablecoin by market cap, has a circulating supply of $71.35 billion, as verified by DeFiLlama. This positions USDC as a key player in the stablecoin market, with its integration on Kraken further solidifying its presence.

EURC, Circle's euro-backed stablecoin, is also seeing increased activity on Kraken. While its market cap is significantly smaller at $488.81 million, the 24-hour price increase of 0.10% indicates steady growth and adoption.

The broader crypto market remains relatively flat, with a total market cap of $2.78 trillion. Bitcoin is up 0.50% in the last 24 hours, and the Fear & Greed Index stands at 51, indicating a neutral market sentiment.

The growth of USDC and EURC on Kraken underscores the expanding role of stablecoins in the crypto ecosystem. As more exchanges and platforms integrate these assets, their utility and adoption are likely to increase, potentially driving further innovation in DeFi and trading.

Market reaction since this brief Live

Since this brief published about 31 hours ago, USDC (USDC) has moved from $0.9995 to $0.9992 — -0.03%.

$0.999$0.999$0.999$0.999$1 published · $0.999 now · $0.999 (-0.03%) Oct 28 21:30 UTC Oct 30 04:01 UTC
BeforeSince publishPublished · $0.9995
CoinAt publishNowSince publish
USDC$0.9995$0.9992-0.03%
EURC$1.11$1.12+0.90%

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 USDC ≈ ₦1,377.87 (about $0.9992), down 0.0% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDC
#6
$0.9992 ▼ 0.03%
7d -0.08%MCap $71.25BFull USDC data →
EURC
#108
$1.12 ▲ 0.36%
+0.90% since this brief published
7d -0.19%MCap $485.32MFull EURC data →
The market when this published · October 28, 2026
Total market cap$2.78T
Bitcoin 24h+0.50%
Ethereum 24h+0.44%
BTC dominance58.6%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.

USDC circulating supply$71.34BDeFiLlama ↗
Bitcoin DeFi TVL$5.94BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Circle Reports Growth in USDC and EURC Usage on Kraken Excha — questions & answers

What is the current circulating supply of USDC?

USDC's circulating supply is $71.35 billion, according to DeFiLlama.

How is EURC performing on Kraken?

EURC is seeing significant trading and deposits into DeFi Earn vaults on Kraken, with a 24-hour price increase of 0.10%.

What is the total crypto market cap?

The total crypto market cap is $2.78 trillion, with the market remaining relatively flat.

How much is 1 USDC worth in naira today?

About ₦1,377.87 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9992. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 29, 2026 ⛓ Timestamped at Bitcoin block #973,619 sha256:58c5718bd787e2a0
Based on reporting by TronWeekly — this is an original TLT summary with live market data, not the original article.TronWeekly · Oct 28 21:30 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.