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Altcoins & DeFi

Circle News: Circle Reports Kraken’s 30% Surge in USDC Assets Under Custody

Image: The Coin Republic

Key Insights: Circle news reports a surge in Kraken USDC custody by over 30% in the year through September 2026. Kraken’s EURC balances rose from nearly 4 million to over 75 million by September 2026. Kraken’s DeFi Earn recorded $350 million in USDC deposits by September 2026. Circle news details a more than 30% rise in Kraken’s USDC assets under custody between September 2025 and September 2026. The figures follow a partnership that expanded USDC and EURC across account funding, exchange services, wallets, and on-chain products. Circle also reported $350 million in USDC deposits to Kraken’s DeFi Earn vaults as of September 2026. Kraken’s retail and institutional clients use stablecoins to fund accounts and move collateral between venues around the clock.

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