Kraken lists USDGO as stablecoin circulation tops $1 billion

Kraken has listed USDGO, a U.S. dollar-linked stablecoin, and started USDGO/USD spot trading. Eligible users can now exchange U.S. dollars and USDGO directly. Issued by Anchorage Digital Bank, USDGO is backed one-to-one by highly liquid assets including U.S. Treasuries. Since its public launch in February 2026, its circulation had exceeded $1 billion by August, GlobeNewswire reported.

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