Circle Reports 30% USDC Growth on Kraken, EURC Trading Nears $1 Billion
Circle's strategic partnership with Kraken has driven significant growth in USDC and EURC trading volumes.
Circle's strategic partnership with Kraken has driven significant growth in USDC and EURC trading volumes. USDC (USDC) is trading at ₹95.16 ($0.9996). This is an original Token Times brief synthesising 2 outlets (Crypto Economy, Crypto.news), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 21:00:02 UTC.
The substantial increase in USDC custody and EURC trading volume on Kraken highlights the growing adoption of stablecoins for institutional and global trading, particularly in multi-currency environments. This development underscores the expanding role of stablecoins in providing liquidity and stability in cryptocurrency markets.
- USDC assets under custody on Kraken grew by 30% since September 2025.
- EURC trading volume on Kraken nears $1 billion since listing.
- Circle's partnership with Kraken strengthens stablecoin adoption for global investors.
Both Crypto Economy and Crypto.news report a 30% increase in USDC assets under custody on Kraken since the September 2025 partnership, and both confirm that EURC trading volume on the platform is approaching $1 billion. However, Crypto.news specifically mentions that Circle presented this data in an October 28 post, while Crypto Economy emphasizes the consolidation of multi-currency liquidity for global and institutional investors.
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- Circle Reports 30% USDC Growth on Kraken, EURC Trading Nears $1 Billion — this brief
Circle has announced a 30% growth in 
USDC assets under custody on Kraken's platform since the two companies formed a strategic partnership in September 2025. This information was revealed in a case study published by Circle on October 28, as reported by both Crypto Economy and Crypto.news.
In addition to the USDC growth, the partnership has also seen 
EURC, Circle's euro-pegged stablecoin, achieve significant trading volume on Kraken. Cumulative EURC trading on the exchange is nearing $1 billion, according to the reports.
The collaboration between Circle and Kraken is part of a broader trend of stablecoins being increasingly used for global and institutional trading. The growth in USDC and EURC volumes on Kraken indicates a strengthening demand for stablecoins that offer multi-currency liquidity.
As of the latest data, the total crypto market cap stands at $2.81 trillion, with 
Bitcoin leading the charge at a 24-hour gain of 1.25%. The Fear & Greed Index is at 51, indicating a neutral market sentiment. USDC's market cap is $71.34 billion, while EURC's market cap is $485.68 million, reflecting the stablecoins' significant presence in the market.
The growth in USDC and EURC trading on Kraken is a testament to the increasing role of stablecoins in providing stability and liquidity in the cryptocurrency market. Investors and traders are likely to keep a close eye on how these trends develop, particularly as more partnerships and listings are expected to follow.
Since this brief published about 1 hour ago, USDC (USDC) has moved from ₹95.16$0.9996 to ₹95.16$0.9996 — -0.00%.
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 Token Times'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.
At today's peer-to-peer rate, 1 USDC ≈ ₹103.61 (about $0.9996), up 0.0% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian 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.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times 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 30% USDC Growth on Kraken, EURC Trading Nears — questions & answers
What is the growth rate of USDC on Kraken?
USDC assets under custody on Kraken have grown by 30% since September 2025.
How much EURC has been traded on Kraken?
EURC trading volume on Kraken is nearing $1 billion since its listing.
What is the current market cap of USDC?
USDC's market cap is $71.34 billion, according to DeFiLlama.
How much is 1 USDC worth in rupee today?
About ₹103.61 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9996. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Economy, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times 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.