According to ChainCatcher, the cryptocurrency exchange Kraken has officially launched the decentralized stablecoin USDD and opened spot trading pairs for USDD/USD and USDD/EUR, while also providing deposit and withdrawal services.

It is reported that Kraken, founded in 2011 and headquartered in San Francisco, USA, is one of the few cryptocurrency exchanges that early provided spot trading, derivatives, and index products. The listing of USDD on Kraken marks a further expansion of its ecosystem into mainstream trading markets, which is expected to enhance liquidity and user coverage.