We’re thrilled to announce that Kraken now supports deposits and withdrawals of Dai (DAI), USD Coin (USDC) and Tether (USDT) on the Polygon Network!
Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed and reduce the costs and complexities of transactions on its network. Polygon is a sidechain which helps to increase transaction throughput while still maintaining security through the use of a decentralized network of proof-of-stake (PoS) validators. Check out the Kraken Learn Center guide What is Polygon? to learn more.
Funding is already live. You can transfer stablecoins (DAI, USDC and USDT) to your Kraken account by navigating to Funding, selecting DAI or USDC or USDT, and then use the drop-down box to select the desired deposit method (network): Polygon network.
Already have stablecoins on the Polygon Network and a Kraken account?