Kraken USDC Jumps 30% While EURC Trading Nears 1B in Circle Stablecoin Expansion

Circle says its stablecoin partnership with Kraken is producing measurable growth across trading, funding and onchain products. The companies’ partnership has since widened in September 2025, and USDC volume on Kraken has risen by over 30% while EURC has grown into a large trading market in euros. In 2020, Kraken already had ties with USDC, but in 2025, it will extend the token into the exchange’s infrastructure through a partnership with Circle. Rather than just using USDC as a trading pair, Kraken translated its funding, earn offerings, wallet infrastructure and onchain applications to this pair.