Kraken Enables USDCx Deposits And Withdrawals On Canton Network

TL;DRKraken has enabled deposits and withdrawals of USDCx on Canton Network.USDCx is backed 1:1 by USDC held in Circle’s xReserve, according to Kraken.Canton is built for regulated financial institutions and tokenized real-world asset workflows.Kraken Adds Canton Network Support For USDCxKraken has enabled deposits and withdrawals of USDCx on the Canton Network, adding exchange support for a stablecoin asset designed for privacy-enabled institutional settlement.According to Kraken’s